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Wealth Distribution and Self-Employment in a Developing Economy

Authors: Alice Mesnard, and Martin Ravallion
Pub. Date: February 5, 2002
Full Text: 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.

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