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Youth Self Employment: Its Nature and Consequences


  • Donald R. Williams



This paper examines the extent of self-employment, characteristics of the self-employed, and the returns to self-employment experiences for a sample of teenagers and young adults in the United States. Using data from the National Longitudinal Survey of Youth, we find that the self-employment experience of youth is quite different from that of adults. Consequences of youth self-employment, measured at age 27, suggest both positive and negative effects.

Suggested Citation

  • Donald R. Williams, 2004. "Youth Self Employment: Its Nature and Consequences," Small Business Economics, Springer, vol. 23(4), pages 323-336, November.
  • Handle: RePEc:kap:sbusec:v:23:y:2004:i:4:p:323-336

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    References listed on IDEAS

    1. P.A. Geroski & José Mata & Pedro Portugal, 2003. "Founding Conditions and the Survival of New Firms," Working Papers w200301, Banco de Portugal, Economics and Research Department.
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    Cited by:

    1. Jessica K. Simon & Megan McDonald Way, 2016. "Why the Gap? Determinants of Self-Employment Earnings Differentials for Male and Female Millennials in the US," Journal of Family and Economic Issues, Springer, vol. 37(2), pages 297-312, June.
    2. Chantal Hartog & Brigitte Hoogendoorn & Sophie Bacq & Jan Lepoutre, 2011. "Social and commercial entrepreneurship: Exploring individual and organizational characteristics," Scales Research Reports H201110, EIM Business and Policy Research.
    3. Francesco Campanella & Maria Della Peruta & Manlio Del Giudice, 2013. "The Role of Sociocultural Background on the Characteristics and the Financing of Youth Entrepreneurship. An Exploratory Study of University Graduates in Italy," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 4(3), pages 244-259, September.
    4. Baptista, Rui & Lima, Francisco & Preto, Miguel Torres, 2012. "How former business owners fare in the labor market? Job assignment and earnings," European Economic Review, Elsevier, vol. 56(2), pages 263-276.
    5. Muñoz-Bullón, Fernando & Cueto Iglesias, Begoña, 2008. "The sustainability of start-up firms among formerly wage workers," DEE - Working Papers. Business Economics. WB wb083108, Universidad Carlos III de Madrid. Departamento de Economía de la Empresa.
    6. Kim, GiSeung, 2007. "The analysis of self-employment levels over the life-cycle," The Quarterly Review of Economics and Finance, Elsevier, vol. 47(3), pages 397-410, July.
    7. Y Georgellis & J G Sessions & N Tsitsianis, 2005. "Self-Employment Longitudinal Dynamics: A Review of the Literature," Economic Issues Journal Articles, Economic Issues, vol. 10(2), pages 51-84, September.
    8. Hoogendoorn, B. & van der Zwan, P.W. & Thurik, A.R., 2011. "Social Entrepreneurship and Performance: The Role of Perceived Barriers and Risk," ERIM Report Series Research in Management ERS-2011-016-ORG, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.

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