A Longitudinal Analysis of Young Entrepreneurs in Australia and the United States
David Blanchflower () and
No 3746, NBER Working Papers from National Bureau of Economic Research, Inc
This paper examines the pattern of self-employment in Australia and the United States. We particularly focus on the movement of young people in and out of self-employment using comparable longitudinal data from the two countries. We find that the forces that influence whether a person becomes self-employed are broadly similar: in both countries skilled manual workers, males and older workers were particularly likely to move to self-employment. We also find that previous firm size, previous union status and previous earnings are important determinants of transitions to self-employment. The main difference we observe is that additional years of schooling had a positive impact on the probability of being self-employed in the US but were not a significant influence in Australia. However, the factors influencing the probability of leaving self-employment are different across the two countries. The only similarity is that in both countries younger individuals are more likely to leave.
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Published as Small Business Economics, Jan 1994, pp. 1-19 (vol. 6, No. 1).
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Working Paper: A Longitudinal Analysis of Young Entrepreneurs in Australia and the United States (1991)
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Persistent link: https://EconPapers.repec.org/RePEc:nbr:nberwo:3746
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