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Labor Economics

City University of New York (CUNY)

Theses and Dissertations

Business owner

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Self-Employment Industry Selection: An Evaluation Of Wealth And Demographics On Industry Choice In The U.S., Samuel Ramirez May 2023

Self-Employment Industry Selection: An Evaluation Of Wealth And Demographics On Industry Choice In The U.S., Samuel Ramirez

Theses and Dissertations

This paper evaluates the impact of financial resources and demographics on industry choice by self-employed business owners. I use a multinomial logistic regression to estimate the probability of having a business in a particular industry. The results suggest that entry into industries are hampered by financial constraints and social barriers.