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The Returns to Education for Opportunity Entrepreneurs, Necessity Entrepreneurs, and Paid Employees
returns to education opportunity necessity entrepreneurship
2012/10/22
We assess the relevance of formal education for the productivity of the self-employed and distinguish between opportunity entrepreneurs, who voluntarily pursue a business opportunity, and necessity en...
It's the Opportunity Cost, Stupid! How Self-Employment Responds to Financial Incentives of Return, Risk and Skew
entrepreneurship self-employment wage-employment income distribution income risk income skew income variance occupational choice labor market entry labor market segments opportunity cost
2012/10/19
There is no robust empirical support for the effect of financial incentives on the decision to work in self-employment rather than as a wage earner. In the literature, this is seen as a puzzle. We off...
Equality of Opportunity and the Distribution of Long-Run Income in Sweden
equality of opportunity family background inequality long-run income
2012/11/1
Equality of opportunity is an ethical goal with almost universal appeal. The interpretation taken here is that a society has achieved equality of opportunity if it is the case that what individuals ac...
Analyzing labor supply behavior with latent job opportunity sets and institutional choice constraints
Labor supply non-convex budget sets non-pecuniary job-attributes sector-specific wages
2014/6/25
In this paper we discuss a general framework for analyzing labor supply behaviorin the presence of complicated budget-and quantity constraints of which some may be unobservable. The point of departure...