Add to ORKGMimeo, 2010In some datasets, the self-employed earn markedly less than wage earners, even though those at the top end of the distribution earn more than their wage-earning peers. This observation is explained by a model of entrepreneurial choice that blends Lazear's [Journal of Labor Economics, vol. 23, pp. 649-680 (2005)] notion that entrepreneurs must be skilled in a variety of activities with the strong complementarity between skills central to Kremer's [Quarterly Journal of Economics, vol. 108, pp. 551-575 (1993)] O-ring theory of production. We test some predictions of the model using two datasets, with mixed results
This paper focuses on the quality of entrepreneurs when individuals, who differ in terms of entrepre...
This paper focuses on the quality of entrepreneurs when individuals, who di¤er in terms of entrepren...
Here, I examine returns to entrepreneurship using a standard measure of welfare, the per-capita cons...
Mimeo, 2010In some datasets, the self-employed earn markedly less than wage earners, even though tho...
Recent evidence has shown that entrants into self-employment are disproportionately drawn from the t...
Why do some people become entrepreneurs (and others don’t)? Why are firms so het-erogeneous, and man...
This paper extends the (Lucas, Bell J Econ 9:508–523,1978) model of occupational choices by individu...
Do unfettered markets produce too many or too few entrepreneurs? Two seminal papers [Stiglitz and We...
Since a big proportion of the labor force in developing countries belongs to the self-employment sec...
Do unfettered markets produce too many or too few entrepreneurs? Two seminal papers [Stiglitz and We...
This paper uses NCDS data on individual characteristics to distinguish determinants of entrepreneuri...
This paper studies the impact of optimism on occupational choice using a general equilibrium framewo...
Empirical studies show that the monetary returns of entrepreneurship are not high and thus they cann...
This paper resolves a longstanding empirical puzzle: that most entrepreneurs persist de-spite lower ...
We extend models of market equilibrium from binary occupational choices of people with different ent...
This paper focuses on the quality of entrepreneurs when individuals, who differ in terms of entrepre...
This paper focuses on the quality of entrepreneurs when individuals, who di¤er in terms of entrepren...
Here, I examine returns to entrepreneurship using a standard measure of welfare, the per-capita cons...
Mimeo, 2010In some datasets, the self-employed earn markedly less than wage earners, even though tho...
Recent evidence has shown that entrants into self-employment are disproportionately drawn from the t...
Why do some people become entrepreneurs (and others don’t)? Why are firms so het-erogeneous, and man...
This paper extends the (Lucas, Bell J Econ 9:508–523,1978) model of occupational choices by individu...
Do unfettered markets produce too many or too few entrepreneurs? Two seminal papers [Stiglitz and We...
Since a big proportion of the labor force in developing countries belongs to the self-employment sec...
Do unfettered markets produce too many or too few entrepreneurs? Two seminal papers [Stiglitz and We...
This paper uses NCDS data on individual characteristics to distinguish determinants of entrepreneuri...
This paper studies the impact of optimism on occupational choice using a general equilibrium framewo...
Empirical studies show that the monetary returns of entrepreneurship are not high and thus they cann...
This paper resolves a longstanding empirical puzzle: that most entrepreneurs persist de-spite lower ...
We extend models of market equilibrium from binary occupational choices of people with different ent...
This paper focuses on the quality of entrepreneurs when individuals, who differ in terms of entrepre...
This paper focuses on the quality of entrepreneurs when individuals, who di¤er in terms of entrepren...
Here, I examine returns to entrepreneurship using a standard measure of welfare, the per-capita cons...