Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/115425
Authors: 
Castellani, Francesca
Lora, Eduardo
Year of Publication: 
2013
Series/Report no.: 
IDB Working Paper Series IDB-WP-425
Abstract: 
This paper provides a summary of the findings contained in a forthcoming issue of the Latin American Journal of Economics on entrepreneurship in Latin America as a vehicle for upward social mobility, especially for the middle class. The income persistence coefficients estimated with pseudo-panel data for Colombia, Ecuador, and Uruguay indicate that entrepreneurial activity is a channel of intergenerational mobility, while the estimates of asset persistence for Mexico using a special survey show that entrepreneurship increases mobility across generations. Although persistence coefficients do not indicate the direction of such mobility, the estimates of income differentials between entrepreneurs and non-entrepreneurs for Ecuador and Mexico lend support to the hypothesis that upward mobility dominates.
Subjects: 
Latin America
Entrepreneurship
Social Mobility
Middle Class
JEL: 
E21
I31
O15
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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