opportunity entrepreneurs in terms of self-employment duration. Using univariate statistics, we find that opportunity … entrepreneurs remain in self-employment longer than necessity entrepreneurs. However, after controlling for the entrepreneurs …

authors analyze how the supply of skills and legal origin of the country affect the wage setting process. The wage analysis … just for returns to education, but also for the wage setting process more generally. In particular, in civil-law countries …, returns to seniority are rewarded only after a certain age. Third, workers exercise some power in the wage setting process but …