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hal.structure.identifierDauphine Recherches en Management [DRM]
dc.contributor.authorBianchi, Milo*
dc.date.accessioned2010-11-15T15:26:33Z
dc.date.available2010-11-15T15:26:33Z
dc.date.issued2012
dc.identifier.urihttps://basepub.dauphine.fr/handle/123456789/5067
dc.language.isoenen
dc.subjectFinancial developmenten
dc.subjectjob satisfactionen
dc.subjectentrepreneurshipen
dc.subject.ddc331en
dc.subject.classificationjelL.L2.L26en
dc.subject.classificationjelO.O1.O16en
dc.subject.classificationjelJ.J2.J20en
dc.titleFinancial Development, Entrepreneurship, and Job Satisfactionen
dc.typeArticle accepté pour publication ou publié
dc.description.abstractenThis 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.isversionofjnlnameThe Review of Economics and Statistics
dc.relation.isversionofjnlvol94
dc.relation.isversionofjnlissue1
dc.relation.isversionofjnldate2012
dc.relation.isversionofjnlpages273-286
dc.relation.isversionofdoi10.1162/REST_a_00156
dc.description.sponsorshipprivateouien
dc.relation.isversionofjnlpublisherMIT Pressen
dc.subject.ddclabelEconomie du travailen
dc.description.halcandidateoui
dc.description.readershiprecherche
dc.description.audienceInternational
hal.identifierhal-01629748*
hal.version1*
hal.update.actionupdateMetadata*
hal.author.functionaut


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