spells in entrepreneurship versus wage employment, thereby accounting for selectivity into entrepreneurial positions based on …) constraints faced by entrepreneurs when optimizing the profitable employment of their education. Entrepreneurs have more personal … control over the profitable employment of their human capital than wage employees. -- Entrepreneurship ; self-employment …

reallocation of different workers across tasks and into employment. This ensures that there nearly always exists some combination … of task-specific demand shocks that induce aggregate employment and wages to negatively comove even in a frictionless … show that a frictionless model with realistic heterogeneity can replicate the mean wage increase and employment collapse of …