Construct · 1 fields · 1 citations

nonpecuniary benefits of self-employment: a standalone construct

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Economics

non-monetary rewards such as being one's own boss that lead people to stay self-employed despite lower median earnings than in paid work.

In economics, nonpecuniary benefits of self-employment refers to non-monetary rewards such as being one's own boss that lead people to stay self-employed despite lower median earnings than in paid work. This meaning comes from Hamilton (2000) in Journal of Political Economy.[1]

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Nearby constructs

being3 fields · 3 citationsjingle · one word, three constructs median2 fields · 3 citationsjingle · one word, two constructs self-employment1 fields · 1 citationsanchor · a standalone construct

References

Hamilton, B. H. (2000). Does Entrepreneurship Pay? An Empirical Analysis of the Returns to Self‐Employment. Journal of Political Economy, 108(3), 604-631. https://doi.org/10.1086/262131

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