The absence of the African-American owned business: An analysis of the dynamics of self-employment

成果类型:
Article
署名作者:
Fairlie, RW
署名单位:
University of California System; University of California Santa Cruz
刊物名称:
JOURNAL OF LABOR ECONOMICS
ISSN/ISSBN:
0734-306X
DOI:
10.1086/209914
发表日期:
1999
页码:
80-108
关键词:
liquidity constraints DISCRIMINATION
摘要:
Estimates from the Panel Study of Income Dynamics indicate that African-American men are one-third as likely to be self-employed as white men. The large discrepancy is due to a black transition rate into self-employment that is approximately one-half the white rate and a black transition rate out of self-employment that is Mice the white rate. Using a new variation of the Blinder-Oaxaca decomposition technique, I find that racial differences in asset levels and probabilities of having self-employed fathers explain a large part of the gap in the entry rate, but almost none of the gap in the exit rate.
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