| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP12330 |
| DP12330 The returns to entrepreneurship: Evidence from matched person-firm data | |
| Mirjam van Praag | |
| 发表日期 | 2017-09-23 |
| 出版年 | 2017 |
| 语种 | 英语 |
| 摘要 | Empirical studies show low pecuniary returns of switching from wage employment to entrepreneurship. We reconsider the pecuniary gains of this switching by employing a two-stage procedure, where the randomness in the timing of inheritance transfers is used as an exclusion restriction to identify causal effects. The model is estimated on data covering the whole Norwegian population of individuals matched to the entire population of firms established in the period 2002-2011. The results indicate that the average returns to entrepreneurship are significantly negative for individuals entering entrepreneurship through self-employment and modest, but significantly positive, for incorporated startups. |
| 主题 | Industrial Organization ; Labour Economics |
| 关键词 | Returns to entrepreneurship Earnings distribution Matched person- firm data Self-employment Random effects probit model |
| URL | https://cepr.org/publications/dp12330 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/541140 |
| 推荐引用方式 GB/T 7714 | Mirjam van Praag. DP12330 The returns to entrepreneurship: Evidence from matched person-firm data. 2017. |
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