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Exact(19)
Clearly, some self-employed will be own-account workers.
The earnings distribution and productivity distribution are equivalent as own-account workers earn their output.
Or, they are own-account workers with no intention to recruit.
Comparing this with Table 1 reveals this as 49%44(44 %) of the adjusted median wage of own-account workers (recruiters).
Own-account workers, who hold self-employment jobs and do not engage "employees" on a continuous basis 4.
Table 7 reports the fit of the model for deciles of the earnings distribution of own-account workers.
Similar(41)
β is the factor by which production increases when an own-account worker begins to recruit.
All self-employed agents start their self-employment spell as an own-account worker.
If the idea is sufficiently good, they leave to self-employment and, initially, work individually as an own-account worker.
They are the monthly rate at which individuals transit from paid employment in a firm of any size to unemployment, unemployment to paid employment, unemployment to becoming an own-account worker, paid employment to another paid employer, paid employment to becoming an own-account worker, and from an own-account self-employed worker to a recruiter.
Of the transitional moments omitted, the rate at which a recruiter transits to being an own-account worker is the most glaring.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com