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Entrepreneurship, Wage Employment and Control in an Occupational Choice Framework
Douhan, Robin; van Praag, Mirjam - 2009
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/10010325787
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Why do Entrepreneurial Parents have Entrepreneurial Children?
Lindquist, Matthew; Sol, Joeri; van Praag, Mirjam - 2012
Parental entrepreneurship is a strong, probably the strongest, determinant of own entrepreneurship. We explore the origins of this intergenerational association in entrepreneurship. In particular, we identify the separate effects of pre- and post-birth factors (nature and nurture), by using a...
Persistent link: https://www.econbiz.de/10010326312
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Education and Entrepreneurial Choice: An Instrumental Variables Analysis
Block, Joern H.; Hoogerheide, Lennart; Thurik, Roy - 2009
Education is argued to be an important driver of the decision to start a business. The measurement of its influence … US. Theeffect of education on the decision to become self-employed is found to be strongly positive,much higher than the … estimated effect in case no instrumental variables are used. That is, thehigher the respondent's level of education, the greater …
Persistent link: https://www.econbiz.de/10010325694
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Risk, Balanced Skills and Entrepreneurship
Hsieh, Chihmao; Parker, Simon C.; van Praag, C. Mirjam - 2011
This paper proposes that risk aversion encourages individuals to invest in balancedskill profiles, making them more likely to become entrepreneurs. By not havingtaken this possible linkage into account, previous research has underestimated the impactsboth of risk aversion and balanced skills on...
Persistent link: https://www.econbiz.de/10010326409
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Firm Formation with Complementarities: The Role of the Entrepreneur
Roessler, Christian; Koellinger, Philipp - 2009
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/10010325707
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Entrepreneurship Selection and Performance
van der Sluis, Justin; van Praag, Mirjam; Vijverberg, Wim - 2003
entrepreneurship to farming. The education effect that separates workers into self-employment and wage employment is stronger for women …
Persistent link: https://www.econbiz.de/10010324769
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The Stature of the Self-employed and its Premium
Rietveld, Cornelius A.; Hessels, Jolanda; van der Zwan, … - 2014
attainment whereas the height premium in work and life satisfaction is only marginally explained by education. …
Persistent link: https://www.econbiz.de/10010491338
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Returns for Entrepreneurs versus Employees: The Effect of Education and Personal Control on the Relative Performance of Entrepreneurs vis-a-vis Wage Employees
van Praag, Mirjam; van Witteloostuijn, Arjen; van der … - 2009
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 education affects peoples’ decisions to become an entrepreneur negatively. We …
Persistent link: https://www.econbiz.de/10010325994
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Human Capital Formation: The Importance of Endogenous Longevity
Galama, Titus; van Kippersluis, Hans - 2022
We present a theory of human capital, with its two most essential components, health capital and, what we term, skill capital, endogenously determined within the model. Using the theory, and a calibrated version of it, we uncover and highlight an important economic mechanism driving...
Persistent link: https://www.econbiz.de/10013356482
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On the Origins of Entrepreneurship: Evidence from Sibling Correlations
Lindquist, Matthew J.; Sol, Joeri; van Praag, C. Mirjam; … - 2016
. Sibling peer effects, and parental income and education matter even less. …
Persistent link: https://www.econbiz.de/10011586692