Abstract
Using a large Finnish micro data set, I study how wealth influences the decision to become self-employed. The main result is that personal wealth increases the probability of a person becoming self-employed. This suggests the presence of liquidity constraints.
| Original language | English |
|---|---|
| Peer-reviewed scientific journal | The Scandinavian Journal of Economics |
| Volume | 102 |
| Issue number | 1 |
| Pages (from-to) | 123-134 |
| Number of pages | 12 |
| ISSN | 0347-0520 |
| DOIs | |
| Publication status | Published - 01.03.2000 |
| MoE publication type | A1 Journal article - refereed |
Keywords
- 511 Economics
- Self-employment
- entrepreneurs
- Liquidity constraints