Falco, Paolo; Haywood, Luke - In: Journal of Development Economics 118 (2016), pp. 245-265
the changing structure of earnings in self-employment relative to salaried work. Our analysis allows workers to sort into … self-employment for different reasons, including expected earnings differentials and endogenous capital accumulation whilst … the endogeneity of sector choice and capital accumulation. We find that returns to productive characteristics in self-employment …