The return-to-entrepreneurship puzzle

Ari Hyytinen, Pekka Ilmakunnas*, Otto Toivanen

*Motsvarande författare för detta arbete

Forskningsoutput: TidskriftsbidragArtikelVetenskapligPeer review

47 Citeringar (Scopus)

Sammanfattning

The returns to entrepreneurship are monetary and non-monetary. We offer new evidence on these returns using a large sample of male twins. Our within-twin analysis suggests that OLS estimates are downwards, and panel data estimates upwards biased. The within-twin estimates imply that entrepreneurs earn a negative earnings premium. Our within-twin analysis of non-monetary returns shows that entrepreneurs work longer hours and have greater responsibilities, but also have a greater control over their work.

OriginalspråkEngelska
Referentgranskad vetenskaplig tidskriftLabour economics
Volym20
UtgåvaJanuary 2013
Sidor (från-till)57-67
Antal sidor11
ISSN0927-5371
DOI
StatusPublicerad - 08.11.2012
MoE-publikationstypA1 Originalartikel i en vetenskaplig tidskrift

Nyckelord

  • 511 Nationalekonomi

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