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10-024/4 - Are Education and Entrepreneurial Income Endogenous and do Family Background Variables make Sense as Instruments? A Bayesian Analysis


  • Authors
    Joern H. Block, Centre for Advanced Small Business Economics, Erasmus University Rotterdam; Lennart Hoogerheide, Econometric Institute, Erasmus University Rotterdam; Roy Thurik, Centre for Advanced Small Business Economics, Erasmus University Rotterdam; EIM Business and Policy Research, Zoetermeer
  • Publication date
    February 26, 2010
  • Keywords
    Education, income, entrepreneurship, self-employment, endogeneity, instrumental variables, Bayesian analysis, family background variables
  • JEL
    C11, L26, M13, J24