Switching Models with Self-Selection: Self-Employment in Hungary

Arbeitspapier

We estimate the determinants of earnings for both the self-employed and wage/salary sectors in an economy undergoing transition from socialism to greater market orientation. We adopt a (full information) MLE methodology in addition to Heckman's two-step method, while taking both participation and self-employment decisions into account. We use the Hungarian Household Panel Survey for 1994. We find that the return to characteristics are not significantly different between self-employed and wage/salary sectors. However, when we also account for the dispersion of earnings, the structure of the earnings between the self- and wage/salary employed are different

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Working Paper ; No. 1999-12

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Multiple or Simultaneous Equation Models: Truncated and Censored Models; Switching Regression Models ; Wage Level and Structure; Wage Differentials ; Socialist Systems and Transitional Economies: Factor and Product Markets; Industry Studies; Population
• Thema: decomposition ; self-employment ; self-selection ; switching ; transition

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Gang, Ira N. ; Co, Catherine Y. ; Yun, Myeong-Su
• Ereignis: Veröffentlichung
• (wer): Rutgers University, Department of Economics
• (wo): New Brunswick, NJ
• (wann): 1999

Weitere Informationen

• Handle: http://hdl.handle.net/10419/94337
• Letzte Aktualisierung: 20.09.2024, 08:21 MESZ