Stars and Misfits: Self-Employment and Labor Market Frictions

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چکیده

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Stars and Misfits: Self-Employment and Labor Market Frictions

Recent evidence has shown that entrants into self-employment are disproportionately drawn from the tails of the earnings and ability distributions. This observation is explained by a multi-task model of occupational choice in which frictions in the labor market induces mismatches between firms and workers, and mis-assignment of workers to tasks. The model also yields distinctive predictions rel...

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ژورنال

عنوان ژورنال: Management Science

سال: 2011

ISSN: 0025-1909,1526-5501

DOI: 10.1287/mnsc.1110.1400