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Source: Department of Economics, University of California, Santa Cruz
Resulting in 2 citations.
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Fairlie, Robert W. |
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Entrepreneurship and Earnings among Young Adults from Disadvantaged Families Working Paper, Department of Economics, University of California - Santa Cruz, June 2003. Also: http://econ.ucsc.edu/~fairlie/papers/family6.pdf Cohort(s): NLSY79 Publisher: Department of Economics, University of California, Santa Cruz Keyword(s): Disadvantaged, Economically; Earnings; Economic Changes/Recession; Self-Employed Workers Permission to reprint the abstract has not been received from the publisher. Academicians and policymakers have argued that entrepreneurship provides a route out of poverty and an alternative to unemployment or discrimination in the labor market. Existing research, however, provides little evidence from longitudinal data on the relationship between business ownership and economic advancement for disadvantaged groups. I use data from the National Longitudinal Survey (NLSY) to examine the earnings of young business owners from disadvantaged families and make comparisons to young wage/salary workers from disadvantaged families. For young men from disadvantaged families, I find some evidence that self-employed business owners earn more than wage/salary workers. In contrast, I find that for young women from disadvantaged families business owners earn less than wage/salary workers. The results from these earnings comparisons are somewhat sensitive to the use of different measures of income and econometric models. |
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Bibliography Citation
Fairlie, Robert W. "Entrepreneurship and Earnings among Young Adults from Disadvantaged Families." Working Paper, Department of Economics, University of California - Santa Cruz, June 2003. |
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Kletzer, Lori G. Fairlie, Robert W. |
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Long-Term Costs of Job Displacement Among Young Workers Working Paper, Department of Economics, University of California - Santa Cruz, July 1997 Cohort(s): NLSY79 Publisher: Department of Economics, University of California, Santa Cruz Keyword(s): Earnings; Educational Attainment; Human Capital; Job Turnover; Unions Permission to reprint the abstract has not been received from the publisher. The earnings costs of job displacement are sizeable and persistent. Recent additions to the literature show that five or more years after displacement, earnings remain from 10 percent to 18 percent below expected levels (see Topel 1990, Ruhm 1991, Jacobson, LaLonde, and Sullivan 1993a,b, Schoeni and Dardia 1996, and Stevens 1997). Evidence of the persistence of earnings losses after job loss has implications for the design of assistance policies, as it raises concerns about the long-term earnings prospects of displaced workers. One limitation of this recent research is its focus on individuals with established work histories. Job loss among young workers has been overlooked in the literature on job displacement. The lack of interest may stem from the presumption that young workers have less to lose from job displacement given their relatively short time to invest in firm-specific human capital. Young workers may also be less likely than older workers to experience losses of industry or union rents following job loss. |
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Bibliography Citation
Kletzer, Lori G. and Robert W. Fairlie. "Long-Term Costs of Job Displacement Among Young Workers." Working Paper, Department of Economics, University of California - Santa Cruz, July 1997. |