||Wealth Distribution and Self-Employment in a Developing Economy
|Alice Mesnard, and Martin Ravallion
||February 5, 2002
||Adobe Acrobat (PDF) [215 KB]
The extent of entrepreneurial activity in an economy with poorly developed capital markets depends on the distribution of wealth, though in potentially complex ways. A non-parametric model of the wealth effect on self-employment is estimated using micro data on the occupational choices of return migrants in Tunisia.