Do Entrepreneurs Really Earn Less?
Abstract
Based on representative micro data for Germany, we compare the incomes of self-employed with those of wage workers. Our results show that the median self-employed entrepreneur with employees earns significantly more than the median salaried employee, while the median solo entrepreneur earns less. However, solo entrepreneurship pays for those with a university entrance degree but no further professional qualification as well as for those who were...
Paper Details
Title
Do Entrepreneurs Really Earn Less?
Published Date
Jan 1, 2014
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