01085nam a22001097a 4500008004100000100002200041245011300063260001800176300003200194520073100226773001800957220510b ||||| |||| 00| 0 eng d aBanerjee, Tanima  aOccupational choice in developing countries: Self employment versus wage employment a conceptual framework  aArtha Vijanan a63(4), Dec, 2021: p.333-359 aIn existing theories, richer people get higher loans, become entrepreneurs and earn high, people at the middle of wealth distribution choose self-employment, and people who join wage employment have the least income. However, in developing nations, regular wage employment offers higher income than self-employment, and to justify these findings, a partial equilibrium model is developed. Given lack of collateral, occupational choices are based on human capital possession and capital availability. In this model, in a skill-based dual sector economy, self-employment generates lower income than regular wage employment with discriminatory tastes of employers having an influence on occupational choices as well.- Reproduced  aArtha Vijanan