Are Entrepreneurs More Upwardly Mobile?
Matthew Lindquist () and
Theodor Vladasel ()
No 1351, Working Papers from Barcelona School of Economics
Abstract:
Entrepreneurship is often hailed as a path to upward intergenerational mobility, but few studies have explicitly tested this belief. We study intergenerational income rank mobility among entrepreneurs and employees in Sweden using high-quality measures of lifetime income for 215,000 father-son pairs. Incorporated entrepreneurs are more upwardly mobile than wage earners; this result is driven by selection and not by the causal impact of entrepreneurship on upward intergenerational mobility. By contrast, unincorporated entrepreneurs are more downwardly mobile, a result explained by selection, income underreporting, and lower returns to skills and education.
Keywords: entrepreneurship; incorporation; intergenerational mobility; lifetime income; upward mobility (search for similar items in EconPapers)
JEL-codes: J24 J62 L26 (search for similar items in EconPapers)
Date: 2022-06
New Economics Papers: this item is included in nep-ent, nep-eur and nep-sbm
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
https://bse.eu/sites/default/files/working_paper_pdfs/1351.pdf (application/pdf)
Related works:
Working Paper: Are entrepreneurs more upwardly mobile? (2022) 
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:bge:wpaper:1351
Access Statistics for this paper
More papers in Working Papers from Barcelona School of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Bruno Guallar ().