Income Mobility of Owners of Small Businesses when Boundaries between Occupations are Vague



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
widely held firm (2,501 obs)

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
widely held firm (3,133 obs)

(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
(12,134 obs)

From self-employment and closely held firm to
widely held firm (3,348 obs)

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



More intriguing information

1. THE MEXICAN HOG INDUSTRY: MOVING BEYOND 2003
2. The Nobel Memorial Prize for Robert F. Engle
3. MATHEMATICS AS AN EXACT AND PRECISE LANGUAGE OF NATURE
4. The Interest Rate-Exchange Rate Link in the Mexican Float
5. Artificial neural networks as models of stimulus control*
6. Business Networks and Performance: A Spatial Approach
7. An Efficient Secure Multimodal Biometric Fusion Using Palmprint and Face Image
8. ISSUES AND PROBLEMS OF IMMEDIATE CONCERN
9. FUTURE TRADE RESEARCH AREAS THAT MATTER TO DEVELOPING COUNTRY POLICYMAKERS
10. The name is absent