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dc.contributor.authorFossen, Frank M.en_US
dc.contributor.authorBüttner, Tobias J. M.en_US
dc.date.accessioned2012-09-11en_US
dc.date.accessioned2012-09-14T11:07:53Z-
dc.date.available2012-09-14T11:07:53Z-
dc.date.issued2012en_US
dc.identifier.urihttp://hdl.handle.net/10419/62560-
dc.description.abstractWe 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 entrepreneurs, who lack alternative employment options. We expect differences in the returns to education between these groups because of different levels of control. We use the German Socio-economic Panel and account for the endogeneity of education and non-random selection. The results indicate that the returns to a year of education for opportunity entrepreneurs are 3.5 percentage points higher than the paid employees' rate of 8.1%, but 6.5 percentage points lower for necessity entrepreneurs.en_US
dc.language.isoengen_US
dc.publisherIZA Bonnen_US
dc.relation.ispartofseriesDiscussion Paper series, Forschungsinstitut zur Zukunft der Arbeit 6819en_US
dc.subject.jelJ23en_US
dc.subject.jelJ24en_US
dc.subject.jelJ31en_US
dc.subject.jelI20en_US
dc.subject.jelL26en_US
dc.subject.ddc330en_US
dc.subject.keywordreturns to educationen_US
dc.subject.keywordopportunityen_US
dc.subject.keywordnecessityen_US
dc.subject.keywordentrepreneurshipen_US
dc.titleThe returns to education for opportunity entrepreneurs, necessity entrepreneurs, and paid employeesen_US
dc.typeWorking Paperen_US
dc.identifier.ppn725407484en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Publikationen von Forscherinnen und Forschern des DIW
IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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