10-024/4 - Are Education and Entrepreneurial Income Endogenous and do Family Background Variables make Sense as Instruments? A Bayesian Analysis
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AuthorsJoern 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
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Publication dateFebruary 26, 2010
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KeywordsEducation, income, entrepreneurship, self-employment, endogeneity, instrumental variables, Bayesian analysis, family background variables
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JELC11, L26, M13, J24