Using Finnish panel data, we study how entrepreneurs differ from workers in education and income dynamics. We find that … workers have higher median income in all educational groups. Without additional controls, entrepreneurs have higher average … income with all but undergraduate level of education. However, random effects and matching models suggest that entrepreneurs …

Using Finnish panel data, we study how entrepreneurs differ from workers in education and income dynamics. We find that … workers have higher median income in all educational groups. Without additional controls, entrepreneurs have higher average … income with all but undergraduate level of education. However, random effects and matching models suggest that entrepreneurs …

the hypothesis that firms share product market rents with their workers in the form of higher wages. …

entry and exit of firms and the sorting of workers and firms based on underlying worker skills are important sources of …

changes in productivity are not reflected on workers’ real salaries growths. On the other hand, increasing the actual wage is …

This paper analyzes the career progression of skilled and unskilled workers, with a focus on how careers are affected … by economic downturns and whether formal skills, acquired early on, can shield workers from the effect of recessions …. Using detailed administrative data for Germany for numerous birth cohorts across different regions, we follow workers from …

of entrepreneurs differ in general, and in their ability to discover and exploit entrepreneurial opportunities. We find … that the opportunities exploited by opportunity entrepreneurs are generally more profitable than are those exploited by … necessity entrepreneurs. We also find that the determinants of success differ to a strong degree. Standard wage equations seem …