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SUMMARY:Seminar by Prof. Francesca Melillo\, KU Leuven
DTSTART:20190611T133000
DTEND:20190611T150000
DTSTAMP:20260506T194820Z
UID:f891a8e79d0b8e597082eafd5a87dc1258c2fdd1755974e5543d032b
CATEGORIES:Conferences - Seminars
DESCRIPTION:Francesca Melillo\, KU Leuven\n"Shooting Stars? Uncertainty in
  Hiring Entrepreneurs "\n\n\nAbstract :\n\nThis article advances a theory 
 to explain why a spell of entrepreneurship affects the future wages of ent
 repreneurs returning to the wage sector. We propose that entrepreneurship 
 holds low rather than negative information value\, increasing the uncertai
 nty around the job applicant’s future productivity. Employers respond to
  this uncertainty by discounting the offered wage. The theory predicts tha
 t uncertainty in hiring - and\, thus\, the wage penalty - is more pronounc
 ed for entrepreneurs (i) who were in the upper tail of the wage distributi
 on before the entrepreneurial spell\, (ii) who exit entrepreneurship quick
 ly\, and (iii) who are hired by small employers. We test and find empirica
 l support for these predictions using a novel dataset of matched entrepren
 eurs and employees from Belgium.\n\n 
LOCATION:ODY 4 03 https://plan.epfl.ch/?room==ODY%204%2003
STATUS:CONFIRMED
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