Ability and Self-Employment: Evidence from the NELS
نویسنده
چکیده
Using the National Educational Longitudinal Study data, this paper examines the role of pre-market abilities, as well as other determinants, on young mens self-employment decision. Our results indicate that cognitive and noncognitive abilities are two important, in opposing directions, predictors of selfemployment. We also nd that cognitive and noncognitive abilities di¤er in their malleability with the latter being more malleable during adolescence. In addition, having a self-employed father, being black and family size exert large inuences on self-employment probability. JEL: C25, J0, J24
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