Education and Hispanic Entrepreneurs
Education and Hispanic Entrepreneurs
Given their relatively low educational attainment, and given the recent increase in the number of Hispanic-owned businesses, the extent to which education matters for the business and earnings outcomes of Hispanic entrepreneurs has increasingly important implications for the future development of the United States. This chapter thus analyzes the relationship of education to sales of Hispanic-owned businesses, taking business owners’ birthplace into account. The chapter further analyzes how the relationship between education and the earnings of Hispanic entrepreneurs changed during the Great Recession, including across the distribution of earnings, across Hispanic subgroups, and between natives and immigrants. The chapter concludes with an investigation into how education is related to entry into the self-employment sector.
Keywords: Hispanic education, education and self-employment, education of Hispanic business owners, earnings and education of Hispanic entrepreneurs
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