@techreport{NBERw3746, title = "A Longitudinal Analysis of Young Entrepreneurs in Australia and the United States", author = "David G. Blanchflower and Bruce D. Meyer", institution = "National Bureau of Economic Research", type = "Working Paper", series = "Working Paper Series", number = "3746", year = "1991", month = "June", URL = "http://www.nber.org/papers/w3746", abstract = {This paper examines the pattern of self-employment in Australia and the United States. We particularly focus on the movement of young people in and out of self-employment using comparable longitudinal data from the two countries. We find that the forces that influence whether a person becomes self-employed are broadly similar: in both countries skilled manual workers, males and older workers were particularly likely to move to self-employment. We also find that previous firm size, previous union status and previous earnings are important determinants of transitions to self-employment. The main difference we observe is that additional years of schooling had a positive impact on the probability of being self-employed in the US but were not a significant influence in Australia. However, the factors influencing the probability of leaving self-employment are different across the two countries. The only similarity is that in both countries younger individuals are more likely to leave.}, }