Table 7. Shifts from wage earner to owner of small business and shift from self-employment
and closely held firm to widely held firm. Percentage of “shifters” for combinations of
period t-1 and period t quintiles. Yearly transitions, 1993-1994, 1997-1998, and 2002-
2003.
|
Transitions 1993-1994 | |||||||||||||
|
From wage earner to owner of small business (13,524 obs) |
From self-employment and closely held firm to | ||||||||||||
|
From |
To quintile |
From |
To quintile | ||||||||||
|
quintile |
1 |
2 |
3 |
4 |
5 |
Total |
quintile - |
1 |
2 |
3 |
4 |
5 |
Total |
|
1 |
19.5 |
4.6 |
2.1 |
1.7 |
1.7 |
29.5 |
1 |
6.9 |
2.8 |
1.2 |
1.1 |
1.6 |
13.6 |
|
2 |
4.9 |
5.5 |
3.2 |
2.0 |
1.4 |
17.1 |
2 |
1.8 |
3.8 |
1.8 |
1.7 |
0.6 |
9.7 |
|
3 |
2.1 |
2.8 |
4.9 |
3.4 |
1.7 |
14.8 |
3 |
1.1 |
2.8 |
4.2 |
3.2 |
1.6 |
12.8 |
|
4 |
0.9 |
1.3 |
2.6 |
6.5 |
4.4 |
15.7 |
4 |
0.8 |
1.0 |
2.7 |
7.3 |
5.2 |
17.0 |
|
5 |
0.7 |
0.5 |
0.9 |
2.8 |
18.0 |
22.9 |
5 |
1.3 |
1.2 |
2.2 |
4.8 |
37.4 |
46.9 |
|
Total |
28.1 |
14.7 |
13.7 |
16.4 |
27.2 |
100.0 |
Total |
11.8 |
11.6 |
12.2 |
18.0 |
46.5 |
100.0 |
Transitions 1998-1999
|
From wage earner to owner of small business |
From self-employment and closely held firm to | ||||||||||||
|
(14,398 obs) | |||||||||||||
|
From |
To quintile |
From |
To quintile | ||||||||||
|
quintile |
1 |
2 |
3 |
4 |
5 |
Total |
quintile |
1 |
2 |
3 |
4 |
5 |
Total |
|
1 |
17.4 |
4.2 |
2.3 |
1.3 |
1.1 |
26.2 |
1 |
4.6 |
1.7 |
1.1 |
1.2 |
1.1 |
9.6 |
|
2 |
4.1 |
5.6 |
3.3 |
2.0 |
1.1 |
16.1 |
2 |
1.6 |
2.8 |
1.9 |
1.3 |
0.9 |
8.5 |
|
3 |
1.8 |
2.4 |
5.6 |
4.0 |
1.5 |
15.3 |
3 |
1.2 |
1.9 |
2.8 |
2.6 |
1.6 |
10.1 |
|
4 |
1.0 |
1.1 |
3.1 |
8.4 |
4.5 |
18.1 |
4 |
0.8 |
1.3 |
2.4 |
7.0 |
5.3 |
16.8 |
|
5 |
0.9 |
0.4 |
0.8 |
2.8 |
19.4 |
24.3 |
5 |
2.7 |
1.5 |
2.8 |
7.1 |
40.9 |
55.0 |
|
Total |
25.2 |
13.7 |
15.2 |
18.5 |
27.5 |
100.0 |
Total |
10.9 |
9.2 |
11.1 |
19.2 |
49.7 |
100.0 |
Transitions 2002-2003
|
From wage earner to owner of small business |
From self-employment and closely held firm to | ||||||||||||
|
From |
To quintile |
From |
To quintile | ||||||||||
|
quintile |
1 |
2 |
3 |
4 |
5 |
Total |
quintile |
Total | |||||
|
1 |
15.9 |
3.9 |
1.9 |
1.3 |
1.3 |
24.3 |
1 |
6.2 |
2.3 |
1.1 |
1.2 |
2.1 |
12.9 |
|
2 |
4.0 |
5.2 |
3.5 |
1.8 |
0.9 |
15.4 |
2 |
1.8 |
3.3 |
2.2 |
1.0 |
1.3 |
9.5 |
|
3 |
1.9 |
2.6 |
6.0 |
4.5 |
1.6 |
16.6 |
3 |
1.4 |
1.6 |
3.3 |
2.3 |
2.1 |
10.7 |
|
4 |
1.6 |
1.5 |
2.7 |
8.0 |
4.8 |
18.5 |
4 |
1.1 |
1.3 |
2.5 |
5.4 |
5.2 |
15.5 |
|
5 |
1.2 |
0.6 |
0.9 |
3.0 |
19.5 |
25.2 |
5 |
2.5 |
1.5 |
2.6 |
6.7 |
38.1 |
51.4 |
|
Total |
24.6 |
13.8 |
15.0 |
18.6 |
28.0 |
100.0 |
Total |
13.1 |
9.9 |
11.7 |
16.6 |
48.7 |
100.0 |
17