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for higher returns to human capital for entrepreneurs. -- Entrepreneurship ; ability ; occupational choice ; human capital …
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for higher returns to human capital for entrepreneurs. -- Entrepreneurship ; Ability ; Occupational Choice ; Human Capital …
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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...
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