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Title: Does Business Ownership Provide a Source of Upward Mobility for Blacks and Hispanics?
Resulting in 1 citation.
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Fairlie, Robert W. |
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Does Business Ownership Provide a Source of Upward Mobility for Blacks and Hispanics? Presented: Syracuse, NY, Maxwell Policy Research Symposium, Center for Policy Research, Syracuse University, April 2001. Also: http://econ.ucsc.edu/~fairlie/papers/mingrowth10.pdf Cohort(s): NLSY79 Publisher: Center for Policy Research, Syracuse University Keyword(s): Earnings; Hispanics; Minority Groups; Mobility; Modeling, Fixed Effects; Racial Differences; Self-Employed Workers; Unemployment Permission to reprint the abstract has not been received from the publisher. Academicians and policymakers have argued that self-employment provides a route out of poverty and an alternative to unemployment or discrimination in the labor market. Existing research, however, provides very little evidence from longitudinal data on the relationship between business ownership and economic advancement for disadvantaged minority groups. I use data from the 1979-1998 National Longitudinal Survey (NLSY) to examine the earnings patterns of young black and Hispanic business owners and make comparisons to young black and Hispanic wage/salary workers. Using fixed-effects earnings regressions, I find some evidence suggesting that self-employed Hispanic men experience faster earnings growth than Hispanic men employed in the wage/salary sector. All of the estimated coefficients for this group are large and positive, but only a few are statistically significant. I also find large and positive relative self-employment earnings growth coefficients for black men, but none are statistically significant at conventional levels. The results for black and Hispanic women are less consistent, possibly due to small sample sizes. Finally, I find that minority business owners generally experience more unemployment than wage/salary workers, with the main exception being black male business owners. |
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Bibliography Citation
Fairlie, Robert W. "Does Business Ownership Provide a Source of Upward Mobility for Blacks and Hispanics?" Presented: Syracuse, NY, Maxwell Policy Research Symposium, Center for Policy Research, Syracuse University, April 2001. |