Lindquist, Matthew J.Vladasel, TheodorUniversitat Pompeu Fabra. Departament d'Economia i Empresa2024-11-142024-11-142022-06-01http://hdl.handle.net/10230/68551Entrepreneurship is often hailed as a path to upward intergenerational mobility, but few studies have explicitly tested this belief. We study intergenerational income rank mobility among entrepreneurs and employees in Sweden using high-quality measures of lifetime income for 215,000 father-son pairs. Incorporated entrepreneurs are more upwardly mobile than wage earners; this result is driven by selection and not by the causal impact of entrepreneurship on upward intergenerational mobility. By contrast, unincorporated entrepreneurs are more downwardly mobile, a result explained by selection, income underreporting, and lower returns to skills and education.application/pdfengL'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative CommonsAre entrepreneurs more upwardly mobile?info:eu-repo/semantics/workingPaperentrepreneurshipincorporationintergenerational mobilitylifetime incomeupward mobilityBusiness Economics and Industrial Organizationinfo:eu-repo/semantics/openAccess