Please use this identifier to cite or link to this item: http://dspace.mediu.edu.my:8181/xmlui/handle/10419/19871
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dc.creatorGerardo Jacobs-
dc.date2007-
dc.date.accessioned2013-10-16T07:07:15Z-
dc.date.available2013-10-16T07:07:15Z-
dc.date.issued2013-10-16-
dc.identifierhttp://hdl.handle.net/10419/19871-
dc.identifierppn:560905688-
dc.identifierRePEc:zbw:gdec07:6538-
dc.identifier.urihttp://koha.mediu.edu.my:8181/xmlui/handle/10419/19871-
dc.descriptionMost occupational choice models introduce only two options for agents: entrepreneurial activities or wage-employment. However, these models represent inadequately the labor force distribution from developing countries, where an important proportion of the total work force are self-employed workers. Some models introduce self-employment as an occupational choice. These works have a common feature : at equilibrium, wage earners belong to the lower end of the income distribution. However, for a large set of developing countries, peasants and small proprietors are part of a self employment sector that can mostly be found in the lower end of the income distribution. In this work, in contrast with previous efforts, self-employment formation is consistent with data from most developing countries. We pay special attention to the conditions under which either the economy ends in a low income equilibrium, where self-employment is the only form of production; or alternatively, a high income equilibrium with a well developed labor market. We study some public policy issues, paying special attention to role of capital markets and the efficiency of schooling.-
dc.languageeng-
dc.publisher-
dc.relationProceedings of the German Development Economics Conference, Göttingen 2007 / Verein für Socialpolitik, Research Committee Development Economics 15-
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.subjectO12-
dc.subjectJ24-
dc.subjectddc:330-
dc.subjectOccupational Choice-
dc.subjectHuman Capital-
dc.subjectEconomic Development-
dc.subjectGeneral Equilibrium-
dc.titleAn Occupational Choice Model for Developing Countries-
dc.typedoc-type:conferenceObject-
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