Determinants of self-employment by new PhDs

Robert Feinberg

Applied Economics Letters, 2022, vol. 29, issue 19, 1771-1775

Abstract: Using 16 years of NSF data, we explore determinants of self-employment by new PhDs in the US, considering the role of field of study, demographics, and a factor that has gotten much attention in recent years (though in different contexts) – the role of student debt. While a small share of the population, one would think that young doctoral recipients are an especially innovative group, and perhaps likely candidates for entrepreneurial activities. After controlling for field and demographics and quality of doctoral institution, we find some evidence consistent with an impact of student debt, especially the more exogenous undergraduate debt, in limiting the choice of self-employment as an immediate career path post-graduate school. This effect, however, is limited to graduates of schools below the most elite.

Date: 2022
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/13504851.2021.1962504 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:29:y:2022:i:19:p:1771-1775

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEL20

DOI: 10.1080/13504851.2021.1962504

Access Statistics for this article

Applied Economics Letters is currently edited by Anita Phillips

More articles in Applied Economics Letters from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().