Self‐employment and Liquidity Constraints: Evidence from Finland

Edvard Johansson

Scandinavian Journal of Economics, 2000, vol. 102, issue 1, 123-134

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. JEL classification: J23; M13

Date: 2000
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