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Poor countries have low rates of wage employment and high rates of self-employment. This paper shows that they also have high rates of unemployment relative to wage employment, and that self-employment is particularly high where the unemployment-wage employment ratio is high. I interpret high...
Persistent link: https://www.econbiz.de/10012019270
spells in entrepreneurship versus wage employment, thereby accounting for selectivity into entrepreneurial positions based on … control over the profitable employment of their human capital than wage employees. -- Entrepreneurship ; self …
Persistent link: https://www.econbiz.de/10003926421
for aspiring entrepreneurs. -- Self-employment ; entrepreneurship ; switching costs ; occupational choice …
Persistent link: https://www.econbiz.de/10003801091
employment or the outside option of self-employment/entrepreneurship. We also discuss countervailing incentives among the mixed …
Persistent link: https://www.econbiz.de/10009230711
entrepreneurship is introduced, where individuals can choose not to work, become entrepreneurs, or work in one of the two sectors … entrepreneurship in the United States. …
Persistent link: https://www.econbiz.de/10011450865
Cross-sectional tests of the Jack-of-All-Trades theory of entrepreneurship invariably conclude that accumulation of … balanced skill-mix across different fields of expertise stimulates entrepreneurship. Yet, none of these considers individual … entrepreneur. -- entrepreneurship ; occupational choice ; skills …
Persistent link: https://www.econbiz.de/10003359296
: the entrepreneurship rate and the fraction of small firms fall with per capita income across countries, while average firm … newly introduces the last three to the literature. It then proposes a simple theory of skill-biased change in …'s potential payoffs in working and in entrepreneurship. If some firms consistently benefit more from technological progress than …
Persistent link: https://www.econbiz.de/10010250019
We investigate the effect of personal income tax (PIT) rates on the number of hours entrepreneurs work weekly. Using the rotating panel data from the Annual Social and Economic Supplement of the Current Population Survey from 2003 to 2019, we estimate instrumental variable regressions in first...
Persistent link: https://www.econbiz.de/10014445272
unemployment. -- Entrepreneurship ; push and pull motives ; survival and failure ; job creation …
Persistent link: https://www.econbiz.de/10003932123
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 …
Persistent link: https://www.econbiz.de/10003771968