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Self-employment, pay systems, and the theory of the firm: An empirical analysis

โœ Scribed by John Garen


Book ID
117350328
Publisher
Elsevier Science
Year
1998
Tongue
English
Weight
129 KB
Volume
36
Category
Article
ISSN
0167-2681

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Does Entrepreneurship Pay? An Empirical
โœ Hamilton, Barton H. ๐Ÿ“‚ Article ๐Ÿ“… 2000 ๐Ÿ› University of Chicago Press ๐ŸŒ English โš– 338 KB

Possible explanations for earnings differentials in self-employment and paid employment are investigated. The empirical results suggest that the nonpecuniary benefits of self-employment are substantial: Most entrepreneurs enter and persist in business despite the fact that they have both lower initi