Is Entrepreneurship a Channel of Social Mobility in Latin America?

This paper provides a summary of the findings contained in a forthcoming issue of the Latin American Journal of Economics on entrepreneurship in Latin America as a vehicle for upward social mobility, especially for the middle class. The income persistence coefficients estimated with pseudo-panel data for Colombia, Ecuador, and Uruguay indicate that entrepreneurial activity is a channel of intergenerational mobility, while the estimates of asset persistence for Mexico using a special survey show that entrepreneurship increases mobility across generations. Although persistence coefficients do not indicate the direction of such mobility, the estimates of income differentials between entrepreneurs and non-entrepreneurs for Ecuador and Mexico lend support to the hypothesis that upward mobility dominates.

Bibliographic Details

Main Author:	Inter-American Development Bank
Other Authors:	Francesca Castellani
Format:	Working Papers biblioteca
Language:	English
Published:	Inter-American Development Bank
Subjects:	Income, Consumption and Saving, Business Development, Social Development, E21 - Consumption • Saving • Wealth, I31 - General Welfare Well-Being, O15 - Human Resources • Human Development • Income Distribution • Migration, social mobility,
Online Access:	http://dx.doi.org/10.18235/0011479 https://publications.iadb.org/en/entrepreneurship-channel-social-mobility-latin-america
Tags:	Add Tag No Tags, Be the first to tag this record!