Geneses of labour market turnover: Job search and entrepreneurial aspirations on-the-job
AbstractIn this paper we study the labour market behavior of employed individuals that have entrepreneurial aspirations in addition to aspirations to switch job. We analyze empirically these two “search processes” side-by-side and report three main findings: First, neither entrepreneurial aspirations nor aspirations to switch job are uncommon, but only few are engaged in both search processes. Second, the two processes are not alike: It is more difficult to empirically explain entrepreneurial aspirations than aspirations to switch job. Only few observable characteristics of the employed are related to both processes. Varied experience and job dissatisfaction are directly related to the probability of having entrepreneurial aspirations and aspirations to switch job, while job tenure is inversely related to them. Finally, the two processes are not conditionally independent. Unobservable heterogeneity common to many non-searchers drives this result.
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Bibliographic InfoPaper provided by EconWPA in its series Labor and Demography with number 0501003.
Length: 33 pages
Date of creation: 04 Jan 2005
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entrepreneurship; job search; experience; job satisfaction;
Find related papers by JEL classification:
- J - Labor and Demographic Economics
This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-01-09 (All new papers)
- NEP-ENT-2005-01-09 (Entrepreneurship)
- NEP-LAB-2005-01-09 (Labour Economics)
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