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- W3125280265 abstract "We estimate the effect of college education on business survival using the NLSY79. The endogeneity of both education and business ownership is accounted for by a competing risks duration model augmented with a college selection equation. Contrary to the previous literature, we fi…nd no effect of college education on business failure. College however signi…cantly increases “employment survival.” Unlike college, cognitive skills have a positive impact on employment survival for both the self-employed and employees. The results suggest that college affects the self-employed and salaried employees in different ways, for example generating skills more useful in employment than self-employment." @default.
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- W3125280265 date "2014-12-17" @default.
- W3125280265 modified "2023-09-27" @default.
- W3125280265 title "Does College Education Reduce Small Business Failure" @default.
- W3125280265 hasPublicationYear "2014" @default.
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