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What Is Left to Residual Claimants? : The Empirics of Income Reported by Entrepreneurs and Workers

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dc.creator Poutvaara, Panu
dc.creator Tuomala, Juha
dc.date 2004
dc.date.accessioned 2013-10-16T07:10:26Z
dc.date.available 2013-10-16T07:10:26Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/20418
dc.identifier ppn:38918313X
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/20418
dc.description Using Finnish panel data, we study how entrepreneurs differ from workers in education and income dynamics. We find that workers have higher median income in all educational groups. Without additional controls, entrepreneurs have higher average income with all but undergraduate level of education. However, random effects and matching models suggest that entrepreneurs have lower incomes. We also analyze those who changed careers. Those with higher level of education are more likely to switch from entrepreneurship to workers, while education does not explain, in a statistically significant level, switching from being worker to entrepreneurship.
dc.language eng
dc.publisher
dc.relation IZA Discussion paper series 1178
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject J31
dc.subject C23
dc.subject J24
dc.subject ddc:330
dc.subject entrepreneurs
dc.subject workers
dc.subject Finnish labor market
dc.subject education
dc.subject Unternehmer
dc.subject Arbeiter
dc.subject Einkommensverteilung
dc.subject Lohnstruktur
dc.subject Bildungsniveau
dc.subject Qualifikation
dc.subject Schätzung
dc.subject Finnland
dc.title What Is Left to Residual Claimants? : The Empirics of Income Reported by Entrepreneurs and Workers
dc.type doc-type:workingPaper


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