focuses primarily on job mobility patterns within and across established firms, neglecting the aspect of self-employment. A … dynamic utility-maximizing model of career choice between self-employment and employment is offered. The model builds on … individuals' initial utility for self-employment over employment; initial utility associated with the perceived maximum difference …

been changing in several important ways. One is the movement from self-employment, the most predominant form of employment …, to wage employment across a wide range of production sectors. How does one evaluate this change in terms of workers … Expenditure Survey (FIES) with information on household members' employment-related activities from the Labor Force Survey (LFS …