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- W1572792912 abstract "We disaggregate the self-employed into incorporated and unincorporated to distinguish between “entrepreneurs” and other business owners. The incorporated self-employed have a distinct combination of cognitive, noncognitive, and family traits. Besides coming from higher-income families with better-educated mothers, the incorporated — as teenagers — scored higher on learning aptitude tests, had greater self-esteem, and engaged in more aggressive, illicit, risk-taking activities. The combination of “smarts” and “aggressive/illicit/risk-taking” tendencies as a youth accounts for both entry into entrepreneurship and the comparative earnings of entrepreneurs. In contrast to a large literature, we also find that entrepreneurs earn much more per hour than their salaried counterparts." @default.
- W1572792912 created "2016-06-24" @default.
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- W1572792912 date "2013-01-01" @default.
- W1572792912 modified "2023-10-16" @default.
- W1572792912 title "Smart and Illicit: Who Becomes an Entrepreneur and Does It Pay?" @default.
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- W1572792912 doi "https://doi.org/10.2139/ssrn.2314667" @default.
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