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questions: (1) To what extent does a composite measure of ability affect an entrepreneur's earnings relative to employees? (2 …) Do different cognitive abilities (e.g. math ability, language ability) and social ability affect earnings of … entrepreneurs and employees differently?, and (3) Does the balance in these measured ability levels affect an individual's earnings …
Persistent link: https://www.econbiz.de/10011376647
We model entrepreneurship and the emergence of firms as a result of simultaneous bidding for labor services among heterogeneousagents. Unique to our approach is that occupational choices, jobmatching and organizational forms are determined simultaneously, sothat the opportunity costs of...
Persistent link: https://www.econbiz.de/10011377467
We combine two empirical observations in a general equilibrium occupational choice model. The first is that entrepreneurs have more control than employees over the employment of and accruals from assets, such as human capital. The second observation is that entrepreneurs enjoy higher returns to...
Persistent link: https://www.econbiz.de/10011378332
This meta-analytical review of empirical studies of the impact of schooling on entrepreneurship selection and performance in developing economies looks at variations in impact across specific characteristics of the studies. A marginal year of schooling in developing economies raises enterprise...
Persistent link: https://www.econbiz.de/10011333877
How valuable is education for entrepreneurs’ performance as compared to employees’? What might explain any differences? And does education affect peoples’ occupational choices accordingly? We answer these questions based on a large panel of US labor force participants. We show that...
Persistent link: https://www.econbiz.de/10011379475
This paper develops a model in which workers are heterogeneous in their intrinsic motivation to work at a firm. We characterise optimal incentive schemes and examine how the firm can attract and select highly motivated workers to fill a vacancy when workers’ motivation is private information....
Persistent link: https://www.econbiz.de/10011326939
This paper examines how collective bargaining through unions and workplace codetermination through works councils shape labour market imperfections and how labour market imperfections matter for employer wage premia. Based on representative German plant data for the years 1999-2016, we document...
Persistent link: https://www.econbiz.de/10012404223
Parker and Van Praag (2009) showed, based on theory, that the group status of the profession ‘entrepreneurship’ shapes people’s occupational preferences and thus their choice behavior. The current study focuses on the determinants and consequences of the group status of a profession,...
Persistent link: https://www.econbiz.de/10011378334
language proficiency and economic outcomes has been on the relation between earnings and indicators for language proficiency …
Persistent link: https://www.econbiz.de/10010433898
This paper analyzes the impact of a leading entrepreneurship education program on college students’ entrepreneurship competencies and intentions using an instrumental variables approach in a difference-in-differences framework. We exploit that the program was offered to students at one...
Persistent link: https://www.econbiz.de/10011374432