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Dissertation Final Edits.pdf (1.97 MB)
ETD Abstract Container
Abstract Header
Essays on Business Ownership and Self-Employment
Author Info
Munk, Robert Owen
Permalink:
http://rave.ohiolink.edu/etdc/view?acc_num=osu1468243651
Abstract Details
Year and Degree
2016, Doctor of Philosophy, Ohio State University, Economics.
Abstract
This dissertation contains three chapters on self-employment and business ownership. In the first chapter, I re-examine the earnings differential between self- and wage-employed men. Using data from the 1979 National Longitudinal Survey of Youth, I find that the timing and (voluntary or involuntary) nature of men’s transitions into self-employment are important determinants of whether they receive wage-gains. I find that when a man transitions from wage-employment to self-employment voluntarily and early in his career, his wage is predicted to increase contemporaneously by 31%. The magnitude of this increase is 2.6 times larger than the predicted wage change associated with a voluntary, early-career transition to a new wage job. Conversely, I find that when a man transitions from wage-employment to self-employment involuntarily and late in his career, his predicted wage decreases contemporaneously by 18%. The magnitude of this decrease is larger than the predicted 13% wage decrease associated with an involuntary, late career transition to a new wage job. In the second chapter, motivated by the finding that partnered men and women are more likely to become business owners than are their single counterparts, I ask whether the observed marriage and cohabitation effects are a result of partner income. Using data from the 1979 National Longitudinal Survey of Youth, I first show that when partner income is included as a control, the marriage and cohabitation effects decrease substantially for women, while the effects persist for men. Second, I show that the marriage and cohabitation effects vary with partner income for women but not men. For example, a woman whose husband’s income is in the fifth quintile is 1.9 times more likely to transition to business ownership than a woman whose husband’s income is in the second quintile for men. On the other hand, a married man with a high-income wife is no more or less likely to transition to business ownership than a married man with a low-income wife. In the third chapter, re-examine Lazear’s (2005) jack-of-all-trades theory. Using data from the 1979 National Longitudinal Survey of Youth, I ask, what are the wage gains associated with a self-employed worker’s prior occupational experience? Overall, I find results consistent with Lazear’s theory, which suggests that the returns to occupational specialization are substantially larger for wage workers than the self-employed. I predict that self-employed workers with ten years of prior occupational experience earn a wage that is only 3.2% greater than do self-employed workers with two years of prior occupational experience. However, for wage workers I predict that the wage gains associated with a ten year increase in prior occupational experience (zero to ten years) is 2.1 times larger than the wage gains associated with a two year increase (zero to two years) in prior occupational experience.
Committee
Audrey Light (Advisor)
Kurt Lavetti (Committee Member)
Bruce Weinberg (Committee Member)
Pages
168 p.
Subject Headings
Economics
Keywords
self-employment
;
business ownership
;
economics
;
entrepreneurship
;
Recommended Citations
Refworks
EndNote
RIS
Mendeley
Citations
Munk, R. O. (2016).
Essays on Business Ownership and Self-Employment
[Doctoral dissertation, Ohio State University]. OhioLINK Electronic Theses and Dissertations Center. http://rave.ohiolink.edu/etdc/view?acc_num=osu1468243651
APA Style (7th edition)
Munk, Robert.
Essays on Business Ownership and Self-Employment.
2016. Ohio State University, Doctoral dissertation.
OhioLINK Electronic Theses and Dissertations Center
, http://rave.ohiolink.edu/etdc/view?acc_num=osu1468243651.
MLA Style (8th edition)
Munk, Robert. "Essays on Business Ownership and Self-Employment." Doctoral dissertation, Ohio State University, 2016. http://rave.ohiolink.edu/etdc/view?acc_num=osu1468243651
Chicago Manual of Style (17th edition)
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Document number:
osu1468243651
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Copyright Info
© 2016, all rights reserved.
This open access ETD is published by The Ohio State University and OhioLINK.