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Who skims the cream of the Italian graduate crop? Wage employment versus self-employment

  • Carolina Castagnetti

    ()

  • Luisa Rosti

This paper tests whether the academic achievement is a significant determinant of the employment status in the Italian labor market: are the new entrepreneurs selected from the top or bottom end of the graduates ability distribution? Is the cream of the graduate crop pulled into self-employment by the higher expected earnings or are the individuals with lower degree score pushed into entrepreneurship by poor alternatives? Our data show a strong negative relation between academic achievement and self-employment status, i.e. we assess the skimming of the best graduates into wage and salary work.

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File URL: http://hdl.handle.net/10.1007/s11187-009-9199-1
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Article provided by Springer in its journal Small Business Economics.

Volume (Year): 36 (2011)
Issue (Month): 2 (February)
Pages: 223-234

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Handle: RePEc:kap:sbusec:v:36:y:2011:i:2:p:223-234
Contact details of provider: Web page: http://www.springerlink.com/link.asp?id=100338

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  18. Taylor, Mark P, 1996. "Earnings, Independence or Unemployment: Why Become Self-Employed?," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 58(2), pages 253-66, May.
  19. Charles T. Clotfelter, 1996. "Buying the Best: Cost Escalation in Elite Higher Education," NBER Books, National Bureau of Economic Research, Inc, number clot96-1.
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