Arbeitspapier
Why are the returns to education higher for entrepreneurs than for employees?
We compare the returns to education (RTE) for entrepreneurs and employees, based on 19 waves of the NLSY database. By using instrumental variable techniques (IV) and taking account of selectivity, we find that the RTE are significantly higher for entrepreneurs than for employees (18.3 percent and 9.9 percent, respectively). We perform various analyses in an attempt to explain the difference. We find (indirect) support for the argument that the higher RTE for entrepreneurs is due to fewer (organizational) constraints faced by entrepreneurs when optimizing the profitable employment of their education.
- Language
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Englisch
- Bibliographic citation
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Series: IZA Discussion Papers ; No. 3058
- Classification
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Wirtschaft
- Subject
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Entrepreneurship
self-employment
returns to education employment
Bildungsertrag
Unternehmer
Selbstständige
Arbeitskräfte
Vergleich
Niederlande
- Event
-
Geistige Schöpfung
- (who)
-
van der Sluis, Justin
van Praag, C. Mirjam
van Witteloostuijn, Arjen
- Event
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Veröffentlichung
- (who)
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Institute for the Study of Labor (IZA)
- (where)
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Bonn
- (when)
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2007
- Handle
- Last update
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10.03.2025, 11:45 AM CET
Data provider
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- van der Sluis, Justin
- van Praag, C. Mirjam
- van Witteloostuijn, Arjen
- Institute for the Study of Labor (IZA)
Time of origin
- 2007
Other Objects (12)
Why are the returns to education higher for entrepreneurs than for employees?
The returns to education for opportunity entrepreneurs, necessity entrepreneurs, and paid employees
The returns to education for opportunity entrepreneurs, necessity entrepreneurs, and paid employees
The returns to education for opportunity entrepreneurs, necessity entrepreneurs, and paid employees
The returns to education for opportunity entrepreneurs, necessity entrepreneurs, and paid employees
The returns to education for opportunity entrepreneurs, necessity entrepreneurs, and paid employees
The returns to education for opportunity entrepreneurs, necessity entrepreneurs, and paid employees
The returns to education for opportunity entrepreneurs, necessity entrepreneurs, and paid employees
Comparing the returns to education for entrepreneurs and employees
Returns for entrepreneurs vs. employees: the effect of education and personal control on the relative performance of entrepreneurs vs. wage employees
Returns for entrepreneurs vs. employees: the effect of education and personal control on the relative performance of entrepreneurs vs. wage employees
Returns for Entrepreneurs versus Employees: The Effect of Education and Personal Control on the Relative Performance of Entrepreneurs vis-a-vis Wage Employees
Why are the returns to education higher for entrepreneurs than for employees?
The returns to education for opportunity entrepreneurs, necessity entrepreneurs, and paid employees
The returns to education for opportunity entrepreneurs, necessity entrepreneurs, and paid employees
The returns to education for opportunity entrepreneurs, necessity entrepreneurs, and paid employees
The returns to education for opportunity entrepreneurs, necessity entrepreneurs, and paid employees
The returns to education for opportunity entrepreneurs, necessity entrepreneurs, and paid employees
The returns to education for opportunity entrepreneurs, necessity entrepreneurs, and paid employees
The returns to education for opportunity entrepreneurs, necessity entrepreneurs, and paid employees
Comparing the returns to education for entrepreneurs and employees
Returns for entrepreneurs vs. employees: the effect of education and personal control on the relative performance of entrepreneurs vs. wage employees
Returns for entrepreneurs vs. employees: the effect of education and personal control on the relative performance of entrepreneurs vs. wage employees
Returns for Entrepreneurs versus Employees: The Effect of Education and Personal Control on the Relative Performance of Entrepreneurs vis-a-vis Wage Employees
Why are the returns to education higher for entrepreneurs than for employees?
The returns to education for opportunity entrepreneurs, necessity entrepreneurs, and paid employees
The returns to education for opportunity entrepreneurs, necessity entrepreneurs, and paid employees
The returns to education for opportunity entrepreneurs, necessity entrepreneurs, and paid employees
The returns to education for opportunity entrepreneurs, necessity entrepreneurs, and paid employees
The returns to education for opportunity entrepreneurs, necessity entrepreneurs, and paid employees
The returns to education for opportunity entrepreneurs, necessity entrepreneurs, and paid employees
The returns to education for opportunity entrepreneurs, necessity entrepreneurs, and paid employees
Comparing the returns to education for entrepreneurs and employees
Returns for entrepreneurs vs. employees: the effect of education and personal control on the relative performance of entrepreneurs vs. wage employees
Returns for entrepreneurs vs. employees: the effect of education and personal control on the relative performance of entrepreneurs vs. wage employees