Cowling, Marc and Taylor, Mark and Mitchell, Peter (2004) Job Creators. The Manchester School, 72 (5). pp. 601-617. DOI https://doi.org/10.1111/j.1467-9957.2004.00411.x
Cowling, Marc and Taylor, Mark and Mitchell, Peter (2004) Job Creators. The Manchester School, 72 (5). pp. 601-617. DOI https://doi.org/10.1111/j.1467-9957.2004.00411.x
Cowling, Marc and Taylor, Mark and Mitchell, Peter (2004) Job Creators. The Manchester School, 72 (5). pp. 601-617. DOI https://doi.org/10.1111/j.1467-9957.2004.00411.x
Abstract
<jats:p>Job creation is perhaps the key political and economic issue of our time, yet this is one of only three papers to date to consider the nature of job creation amongst the self‐employed. We develop a utility based model of self‐employment which allows for the self‐employed <jats:italic>with</jats:italic> employees. The theory predicts that the higher the endowment of human capital the greater the likelihood of the entrepreneur employing additional labour, subject to overcoming any capital constraints. Empirical testing suggests that the decision to hire employees is related to work and lifetime experiences rather than academic achievements.</jats:p>
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: | Unnamed user with email elements@essex.ac.uk |
Depositing User: | Unnamed user with email elements@essex.ac.uk |
Date Deposited: | 16 Dec 2013 11:01 |
Last Modified: | 05 Dec 2024 11:47 |
URI: | http://repository.essex.ac.uk/id/eprint/7899 |