Publication Type:
journal articles
Publication Year:
2009
Publication Bibliography:
Self-Employment Rates and Business Sizes: The Role of Occupational Choice and Credit Market Frictions
(with Kartik Athreya)
Annals of Finance , 5, 295-519, 2009.
Abstract: Self-employment rates and project size vary greatly across countries. The main message of this paper is that these broad regularities are consistent with an environment in which a common self-employment technology is available worldwide, but where (a) financial intermediation costs and (b) alternatives in “paid†work differ greatly. Our model indicates that alternatives in paid work are crucial for explaining self-employment rates, whereas high financial intermediation costs primarily affect the scale of projects. We also show that credit use is not informative for predicting either rates of self-employment or the scale of self-employment projects.
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Break down of publication data into fields
Publication Title:
Self-Employment Rates and Business Sizes: The Role of Occupational Choice and Credit Market Frictions
Author Name:
Akyol, Ahmet
Co-Author Name(s):
Kartik Athreya
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Conference Title:
Report Title:
Title of Paper:
Self-Employment Rates and Business Sizes: The Role of Occupational Choice and Credit Market
Chapter Title:
Title of Journal:
Annals of Finance
Title of Book:
Conference Name:
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Volume and Issue:
5
ISBN/Catalogue No:
Publisher:
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Page Number(s):
295-519
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