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Logit analysis in a rotating panel context and an application to self-employment decisions (Английский)

The authors derive a methodology for analyzing logit models in a rotating panel context. They then apply the technique to test two theories of why and when salaried workers enter the informal self-employed sector. In the traditional view, workers fired from formal jobs queue in the informal sector to reenter the formal sector. The authors argue that for many, self-employment is a desirable goal, but that credit constraints often dictate that they...
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