Self‐employment and Liquidity Constraints: Evidence from Finland
利用芬兰大型微观数据,研究个人财富如何影响成为自雇者的决策,发现财富增加会提高自雇概率,表明存在流动性约束。
Using a large Finnish micro data set, I study how wealth influences the decision to become self‐employed. The main result is that personal wealth increases the probability of a person becoming self‐employed. This suggests the presence of liquidity constraints.