Self-Employment and Wealth Inequality. Lindh, T. & Ohlsson, H. Review of Income and Wealth, 44(1):25–42, 1998. Link doi abstract bibtex 2 downloads Is the decision to become and stay self-employed constrained by access to credit? If this is the case, a more unequal wealth distribution will— for empirically observed distributions— imply more self-employed, since the number of people able to provide collateral will be higher. Swedish data between 1920 and 1992 suggest that wealth inequality and the share of self-employed among those working are positively related. The data, therefore, are consistent with the hypothesis that liquidity constraints are binding on the decision to become and stay self-employed.
@article{LindhOhlsson1998,
title = {Self-Employment and Wealth Inequality},
author = {Lindh, Thomas and Ohlsson, Henry},
year = {1998},
journal = {Review of Income and Wealth},
volume = {44},
number = {1},
pages = {25--42},
doi = {10.1111/j.1475-4991.1998.tb00250.x},
url = {https://doi.org/10.1111/j.1475-4991.1998.tb00250.x},
abstract = {Is the decision to become and stay self-employed constrained by access to credit? If this is the case, a more unequal wealth distribution will\textemdash for empirically observed distributions\textemdash imply more self-employed, since the number of people able to provide collateral will be higher. Swedish data between 1920 and 1992 suggest that wealth inequality and the share of self-employed among those working are positively related. The data, therefore, are consistent with the hypothesis that liquidity constraints are binding on the decision to become and stay self-employed.},
keywords = {Determinants of Wealth and Wealth Inequality,Impacts of Wealth Inequality,Trends in Aggregate Wealth and Wealth Inequality}
}
Downloads: 2
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