Abstract
The article considers influence of entrepreneurial experience on the wageemployment wages. Empirical analysis is based on the RLMS-HSE panel data, 2000—2013, with using fixed effects models on the overall sample, five-year- and flexible window. Results show that transition from entrepreneurship to wageemployment leads to penalty of wages. Wage growth rate of former entrepreneurs’ lag behind the wage growth rate of workers without entrepreneurial experience. The size of wage-penalty decreases if the profession remains the same in transition from entrepreneurship to wage-employment.
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