Abstract
This study examines the relationship between education and the choice to become self-employed using Panel Study of Income Dynamics data. It finds that educational attainment is an important determinant of self-employment. Goods-producing entrepreneurs tend to be in construction, whereas service-producing industries with a greater presence of the self-employed are in the soft service sectors. Multivariate logit regressions show that heads of household with post-baccalaureate experience are up to 8.3 percent more likely to be self-employed. Other characteristics include wealth (home ownership or the value of one's home), prior military service, age, marital status, race, Internet usage, and population size.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
