The Precarity of Self-Employment among Low- and Moderate-Income Households.
Many people in the United States have achieved economic stability through self-employment and are often seen as embracing the entrepreneurial spirit and seizing opportunity. Yet, research also suggests that self-employment may be precarious for many people in the lower socioeconomic strata. Drawing...
| Publicado en: | Social Forces Vol. 101; no. 3; pp. 1081 - 1116 |
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| Autores principales: | , , |
| Formato: | Artículo |
| Publicado: |
Oxford University Press / USA
Mar2023
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=161313549&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 161313549 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00377732 SFR jtl: Social Forces issn: 00377732 maglogo: N pubinfo: dt: Mar2023 vid: 101 iid: 3 pid: 622 pub: Oxford University Press / USA artinfo: ui: 161313549 10.1093/sf/soab171 ppf: 1081 ppct: 35 formats: fmt: – @attributes: type: T – @attributes: type: P size: 2.1MB tig: atl: The Precarity of Self-Employment among Low- and Moderate-Income Households. aug: au: Auguste, Daniel Roll, Stephen Despard, Mathieu affil: Department of Sociology, Florida Atlantic University , 777 Glades Road, Boca Raton, FL 33431 Center for Social Development , George Warren Brown School of Social Work, Washington University in St. Louis Center for Social Development , George Warren Brown School of Social Work, Washington University in St. Louis Department of Social Work, University of North Carolina at Greensboro , Greensboro, NC 27402-6170 su: United States Self-employment Socioeconomics Wages Income sug: subj: Self-employment Socioeconomics Wages Income United States ab: Many people in the United States have achieved economic stability through self-employment and are often seen as embracing the entrepreneurial spirit and seizing opportunity. Yet, research also suggests that self-employment may be precarious for many people in the lower socioeconomic strata. Drawing on a unique dataset that combines longitudinal survey data with administrative tax data for a sample of low- and moderate-income (LMI) workers, we bring new evidence to bear on this debate by examining the link between self-employment and economic insecurity. Overall, our results show that self-employment is associated with greater economic insecurity among LMI workers compared with wage-and-salary employment. For instance, compared with their wage-and-salary counterparts, the self-employed have 78, 168, and 287 percent greater odds of having an income below basic expenses, and experiencing an unexpected income decline and high levels of income volatility, respectively. We also find that differences in financial endowment and access to health insurance are key drivers in explaining the relationship between employment type and economic insecurity, as being able to access $2,000 in an emergency greatly lowers the odds of budgetary constraint, whereas lack of health insurance increases those odds. These findings suggest that formal work arrangements with wages and benefits offered by an employer promotes greater economic stability among LMI workers compared with informal work arrangements via self-employment. We discuss implications of these results for future research and policy initiatives seeking to promote economic wellbeing through entrepreneurship. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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