000			01170nam a22001457a 4500
999			_c519848 _d519848
008			220510b ||||| |||| 00| 0 eng d
100			_aBanerjee, Tanima _933123
245			_aOccupational choice in developing countries: Self employment versus wage employment a conceptual framework
260			_aArtha Vijanan
300			_a63(4), Dec, 2021: p.333-359
520			_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
773			_aArtha Vijanan
906			_aOCCUPATIONS
942			_cAR