Switching models with self-selection : self-employment in Hungary

by Catherine Y. Co (Department of Economics, University of Central Florida), Ira N. Gang (Department of Economics, Rutgers University), Myeong-Su Yun (Department of Economics, Rutgers University)

We estimate the determinants of earnings for both the self-employed and wage/salary sectors in an economy undergoing transition from socialism to greater market orientation. We adopt a (full information) MLE methodology in addition to Heckman's two-step method, while taking both participation and self-employment decisions into account. We use the Hungarian Household Panel Survey for 1994. We find that the return to characteristics are not significantly different between self-employed and wage/salary sectors. However, when we also account for the dispersion of earnings, the structure of the earnings between the self- and wage/salary employed are different

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Year of publication:	August 24, 1999 (4:24PM)
Authors:	Gang, Ira N. ; Co, Catherine Yap ; Yun, Myeong-Su
Publisher:	New Brunswick, NJ : Rutgers University, Department of Economics
Subject:	decomposition \| self-employment \| self-selection \| switching \| transition \| Lohnstruktur \| Wage structure \| Selbstständige \| Self-employed \| Schätztheorie \| Estimation theory \| Dekompositionsverfahren \| Decomposition method \| Theorie \| Theory \| Ungarn \| Hungary \| Arbeitskräfte \| Workforce \| 1992-1994

Extent:	1 Online-Ressource (circa 25 Seiten)
Series:	Working papers / Rutgers University, Department of Economics. - New Brunswick, NJ : [Verlag nicht ermittelbar], ZDB-ID 2172035-6. - Vol. 99, 12
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Graue Literatur ; Non-commercial literature ; Arbeitspapier ; Working Paper
Language:	English
Other identifiers:	hdl:10419/94337 [Handle]
Classification:	C34 - Truncated and Censored Models ; J31 - Wage Level and Structure; Wage Differentials by Skill, Training, Occupation, etc ; P23 - Factor and Product Markets; Industry Studies; Population
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://ebvufind01.dmz1.zbw.eu/10011577307