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dc.contributor.authorFossen, Frank M.en
dc.contributor.authorBüttner, Tobias J. M.en
dc.date.accessioned2012-09-11-
dc.date.accessioned2012-09-14T11:07:53Z-
dc.date.available2012-09-14T11:07:53Z-
dc.date.issued2012-
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
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x6819en
dc.subject.jelJ23en
dc.subject.jelJ24en
dc.subject.jelJ31en
dc.subject.jelI20en
dc.subject.jelL26en
dc.subject.ddc330en
dc.subject.keywordreturns to educationen
dc.subject.keywordopportunityen
dc.subject.keywordnecessityen
dc.subject.keywordentrepreneurshipen
dc.titleThe returns to education for opportunity entrepreneurs, necessity entrepreneurs, and paid employees-
dc.typeWorking Paperen
dc.identifier.ppn725407484en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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