? Our individual fixed-effects estimates of the differential returns to ability for spells in entrepreneurship versus wage … employment account for selectivity into entrepreneurial positions as determined by fixed individual characteristics. General …

The paper provides a theoretical foundation for the empirical regularities observed in estimations of wage consequences … of overeducation and undereducation. Workers with more education than required for their jobs are observed to suffer wage … less education than required for their jobs earn wage rewards. These departures from the Mincer human capital earnings …

As Switzerland experiences a severe shortage of nurses, this paper investigates the impact of students' ex ante wage … results confirm that subjective wage expectation data are useful in modeling individual choice …

There is no robust empirical support for the effect of financial incentives on the decision towork in self-employment … rather than as a wage earner. In the literature, this is seen as apuzzle. We offer a focus on the opportunity cost, i.e. the … wages given up as an employee.Information on income from self-employment is of inferior quality and this is not just …

We replicate Shaw (1996) who found that individual wage growth is higher for individuals with greater preference for … support for the earlier results. We present and estimate a new model and find that in particular the wage level is sensitive …

ignored. We predict that higher mean, lower variance and higher skew in the wage distribution in a particular employment …There is no robust empirical support for the effect of financial incentives on the decision to work in self-employment … rather than as a wage earner. In the literature, this is seen as a puzzle. We offer a focus on the opportunity cost, i.e. the …

We use the method of Dominitz and Manski (1996) to solicit anticipated wage distributions for continuing to a Master …

We use a unique data set about the wage distribution that Swiss students expect for themselves ex ante, deriving … parametric and non-parametric measures to capture expected wage risk. These wage risk measures are unfettered by heterogeneity … which handicapped the use of actual market wage dispersion as risk measure in earlier studies. Students in our sample …