Taylor, Mark P (2009) 'EARNINGS, INDEPENDENCE OR UNEMPLOYMENT: WHY BECOME SELF-EMPLOYED?' Oxford Bulletin of Economics and Statistics, 58 (2). pp. 253-266. ISSN 0305-9049
Full text not available from this repository.Abstract
This paper attempts to estimate the role played by three key variables (namely expected earnings, the desire for independence and the ability to find paid employment) on the paid employee/self-employment decision using a simple three stage utility maximization model. The empirical results suggest that individuals are attracted to self-employment because of higher expected earnings relative to paid employment and by the freedom from managerial constraints that it offers. Evidence is also produced supporting the prosperity pull argument for self-employment. Marital status, parents employment status, housing equity and occupational status clearly emerge as significant determinants of labour market choice.
Item Type: | Article |
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Subjects: | H Social Sciences > H Social Sciences (General) |
Divisions: | Faculty of Social Sciences > Institute for Social and Economic Research |
SWORD Depositor: | Elements |
Depositing User: | Elements |
Date Deposited: | 31 Jan 2014 11:45 |
Last Modified: | 06 Jan 2022 14:39 |
URI: | http://repository.essex.ac.uk/id/eprint/8752 |
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