Access the full text.
Sign up today, get DeepDyve free for 14 days.
J. Growiec, F. Pammolli, M. Riccaboni, H. Stanley (2008)
On the Size Distribution of Business FirmsIO: Empirical Studies of Firms & Markets
R. Boháček (2006)
Financial constraints and entrepreneurial investmentJournal of Monetary Economics, 53
(2001)
Quantile Regression: An Introduction,
J. Heckman (1979)
Sample selection bias as a specification errorApplied Econometrics, 31
J. Muellbauer (1974)
Household composition, Engel curves and welfare comparisons between households: A duality approachEuropean Economic Review, 5
A. Deaton, Christina Paxson (1995)
Measuring Poverty Among the ElderlyNBER Working Paper Series
Raimar Richers (1961)
The theory of economic developmentRae-revista De Administracao De Empresas, 1
S. Rosen (1981)
The Economics of SuperstarsAmerican Scholar
(2006)
Launov, “Competitive and Segmented Informal Labor Markets,” IZA Discussion Papers 2349, Institute for the Study of Labor (IZA
G. Rudinger (2001)
What Makes an Entrepreneur
E. Lazear, R. Michael (1981)
Family Size and the Distribution of Per Capita IncomeLabor: Demographics & Economics of the Family
Andrey Launov (2006)
Competitive and Segmented Informal Labor MarketsLabor: Supply & Demand
Peter Lanjouw, M. Ravallion (1994)
Poverty and household sizeThe Economic Journal, 105
Marco Chiarandini (2006)
Empirical Analysis
Maitreesh Ghatak, N. Jiang (2002)
A simple model of inequality, occupational choice, and developmentJournal of Development Economics, 69
M. Browning, A. Lusardi (1996)
Household Saving: Micro Theories and Micro FactsJournal of Economic Literature, 34
S. Parker (1996)
A Time Series Model of Self-Employment under UncertaintyEconomica, 63
J. Muellbauer (1974)
Household composition, engel curves and welfare comparisons between householdsEuropean Economic Review, 5
S. C. Parker (2004)
The economics of self-employment and entrepreneurship
T. Gindling (1991)
Labor Market Segmentation and the Determination of Wages in the Public, Private-Formal, and Informal Sectors in San José, Costa RicaEconomic Development and Cultural Change, 39
(2001)
Heterogeneity in the Mexican micro-enterprise sector
M. Pradhan, M. Ravallion (2000)
Measuring Poverty Using Qualitative Perceptions of Consumption AdequacyReview of Economics and Statistics, 82
A. Banerjee, A. Newman (1993)
Occupational Choice and the Process of DevelopmentJournal of Political Economy, 101
John Harris, M. Todaro (1970)
Migration, Unemployment & Development: A Two-Sector AnalysisThe American Economic Review, 60
A. Benito (2004)
Does Job Insecurity Affect Household Consumption?Macroeconomics eJournal
John Harris, M. Todaro (2007)
Migration, Unemployment and Developmnent: A Two-Sector Analysis
A. Deaton, J. Muellbauer (1980)
Economics and consumer behavior
S. Rosen (1981)
The economics of superstarsAmerican Economic Review, 71
Q. Wodon (1999)
Microdeterminants of consumption, poverty, growth, and inequality in BangladeshApplied Economics, 32
A. Deaton, J. Muellbauer (1986)
On Measuring Child Costs: With Applications to Poor CountriesJournal of Political Economy, 94
B. Hamilton (2000)
Does Entrepreneurship Pay? An Empirical Analysis of the Returns to Self‐EmploymentJournal of Political Economy, 108
David Evans, Linda Leighton (1989)
Some Empirical Aspects of EntrepreneurshipThe American Economic Review, 79
Era Dabla‐Norris, M. Gradstein, Gabriela Inchauste (2005)
What Causes Firms to Hide Output?: The Determinants of InformalityERN: Other Development Economics: Macroeconomic Issues in Developing Economies (Topic)
Gary Fields (2005)
A guide to multisector labor market models
Gordon Dahl (2002)
MOBILITY AND THE RETURN TO EDUCATION: TESTING A ROY MODEL WITH MULTIPLE MARKETSEconometrica, 70
M. Browning (1992)
Children and Household Economic BehaviorJournal of Economic Literature, 30
A. V. Banerjee, A. F. Neuman (1993)
Occupational choice and the process of economic developmentJournal of Political Economy, 101
T. Magnac (1991)
Segmented or Competitive Labor MarketsEconometrica, 59
F. Bourguignon, M. Fournier, M. Gurgand (2004)
Selection Bias Corrections Based on the Multinomial Logit Model: Monte-Carlo ComparisonsEconometrics eJournal
S. Parker (2004)
The Economics of Self-Employment and Entrepreneurship: Characteristics of entrepreneurs and the environment for entrepreneurship
Paul Glewwe (1991)
Investigating the determinants of household welfare in Cote d'IvoireJournal of Development Economics, 35
A. Benito (2006)
Does job insecurity affect household consumption?Oxford Economic Papers, 58
Julie Nelson (1988)
Household Economies of Scale in Consumption: Theory and EvidenceEconometrica, 56
H. Rees, Anup Shah (1986)
An empirical analysis of self‐employment in the U.K.Journal of Applied Econometrics, 1
Serguey Braguinsky, A. Oyama (2007)
Where Does Entrepreneurship Pay?ERPN: Labor Economics (Topic)
Kevin Murphy, Andrei Shleifer, Robert Vishny (1990)
The Allocation of Talent: Implications for GrowthEntrepreneurship & Economics eJournal
W. Cunningham, W. Maloney (1998)
Heterogeneity among Mexico’s Microenterprises: An Application of Factor and Cluster Analysis*Economic Development and Cultural Change, 50
W. F. Maloney (2004)
Informality revisitedWorld Development, 32
S. Jenkins (2000)
Modelling household income dynamicsJournal of Population Economics, 13
Martin Browning, Thomas Crossley (2001)
The Life Cycle Model of Consumption and Saving
D. Blau (1987)
A Time-Series Analysis of Self-Employment in the United StatesJournal of Political Economy, 95
Lung-fei Lee (1983)
Generalized Econometric Models with SelectivityEconometrica, 51
Li-Sha Huang (2008)
General Equilibrium
R. Kihlstrom, J. Laffont (1979)
A General Equilibrium Entrepreneurial Theory of Firm Formation Based on Risk AversionJournal of Political Economy, 87
W. Maloney (2003)
Informality RevisitedMicroeconomic Theory eJournal
S. Parker (2004)
The Economics of Self-Employment and Entrepreneurship: Ethnic minority and female entrepreneurship
J. Drèze, P. Srinivasan (1997)
Widowhood and poverty in rural India: Some inferences from household survey dataJournal of Development Economics, 54
Sangeeta Pratap, Erwan Quintin (2006)
Are labor markets segmented in developing countries? A semiparametric approachEuropean Economic Review, 50
D. Miles (1997)
A Household Level Study of the Determinants of Incomes and ConsumptionThe Economic Journal, 107
Here, I examine returns to entrepreneurship using a standard measure of welfare, the per-capita consumption expenditure. This analysis, using quantile regressions, reveals the existence of a welfare hierarchy in occupations. The results suggest that, across the welfare distribution, entrepreneurs who employ others have the highest returns in terms of consumption, while those entrepreneurs who work for themselves, that is, self-employed individuals, have slightly lower returns than the salaried employees. However, self-employment entails higher returns than casual labor and a relative escape from poverty.
Small Business Economics – Springer Journals
Published: May 6, 2009
Read and print from thousands of top scholarly journals.
Already have an account? Log in
Bookmark this article. You can see your Bookmarks on your DeepDyve Library.
To save an article, log in first, or sign up for a DeepDyve account if you don’t already have one.
Copy and paste the desired citation format or use the link below to download a file formatted for EndNote
Access the full text.
Sign up today, get DeepDyve free for 14 days.
All DeepDyve websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.