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| Tekijä: | Georgellis, Y. Sessions, J.G. Tsitsianis, N. |
| Otsikko: | Windfalls, wealth, and the transition to self-employment |
| Lehti: | Small business economics
2005 : DEC, VOL. 25:5, p. 407-428 |
| Asiasana: | change self-employment United Kingdom |
| Vapaa asiasana: | windfalls |
| Kieli: | eng |
| Tiivistelmä: | The transition to, and survival in self-employment is examined among a sample of British workers. Evidence of capital constraints is found, with wealthier individuals being more likely to transit ceteris paribus. Windfall gains raise the probability of transition at a decreasing rate - gains or more than £20 000-£22 000 reduce the probability of transition - and larger gains reduce the probability of transition amongst relatively wealthier respondents. |
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