| dc.contributor.author | Bianchi, Milo | * |
| dc.date.accessioned | 2010-11-15T15:26:33Z | |
| dc.date.available | 2010-11-15T15:26:33Z | |
| dc.date.issued | 2012 | |
| dc.identifier.uri | https://basepub.dauphine.fr/handle/123456789/5067 | |
| dc.language.iso | en | en |
| dc.subject | Financial development | en |
| dc.subject | job satisfaction | en |
| dc.subject | entrepreneurship | en |
| dc.subject.ddc | 331 | en |
| dc.subject.classificationjel | L.L2.L26 | en |
| dc.subject.classificationjel | O.O1.O16 | en |
| dc.subject.classificationjel | J.J2.J20 | en |
| dc.title | Financial Development, Entrepreneurship, and Job Satisfaction | en |
| dc.type | Article accepté pour publication ou publié | |
| dc.description.abstracten | This paper shows that utility differences between the self-employed
and employees increase with financial development. This effect is
not explained by increased profits but by an increased value of non-
monetary benefits, in particular job independence. We interpret these
findings by building a simple occupational choice model in which financial constraints may impede the creation of firms and depress labor demand, thereby pushing some individuals into self-employment for lack
of salaried jobs. In this setting, financial development favors a better
matching between individual motivation and occupation, thereby increasing entrepreneurial utility despite increasing competition and so
reducing profits. | en |
| dc.relation.isversionofjnlname | The Review of Economics and Statistics | |
| dc.relation.isversionofjnlvol | 94 | |
| dc.relation.isversionofjnlissue | 1 | |
| dc.relation.isversionofjnldate | 2012 | |
| dc.relation.isversionofjnlpages | 273-286 | |
| dc.relation.isversionofdoi | 10.1162/REST_a_00156 | |
| dc.description.sponsorshipprivate | oui | en |
| dc.relation.isversionofjnlpublisher | MIT Press | en |
| dc.subject.ddclabel | Economie du travail | en |
| dc.description.halcandidate | oui | |
| dc.description.readership | recherche | |
| dc.description.audience | International | |
| hal.person.labIds | 1032 | * |
| hal.identifier | hal-01629748 | * |
