a positive relationship between an individual's potential payoffs in working and in entrepreneurship. If some firms … consequence, the entrepreneurship rate falls with income per capita, average firm size and firm size dispersion increase with … income per capita, and "entrepreneurship out of necessity" falls with income per capita. The paper also documents, for two of …

"Entrepreneurs out of necessity" identified by the Global Entrepreneurship Monitor survey are a sizeable group across …

start, the paper briefly documents evidence from the empirical literature that the relationship between entrepreneurship and … persist in the market, and that returns to entrepreneurship have a much larger cross-sectional variance than returns to wage … entrepreneurship where agents are heterogeneous in their ability as workers, and starting entrepreneurs face uncertainty about their …

return migrants while explicitly differentiating between self-employment as either own account work or entrepreneurship … characteristics closer to non-participants in the labour market (i.e. lower education levels), while entrepreneurship is positively …, after a one year re-integration period, the effect on non participation vanishes and that on entrepreneurship becomes …