We construct a simple model of occupational choice among agents with differing abilities. The fraction of agents creating new businesses who are low ability rises during recessions. Thus, cohorts born during recessions are on average lower quality: their businesses yield lower initial earnings,...

Human capital investment theory suggests that entrepreneurs should be generalists, while those who work for others should be specialists; it also predicts higher incomes for entrepreneurs with generalist skills. An alternative view predicts that those with greater taste for variety are more...

Recent findings by Hamilton (Journal of Political Economy, 2000) suggest that the self-employed do not receive a monetary premium for the risk and uncertainty associated with business ownership. In this paper, I show that that income underreporting by entrepreneurs can explain the lack of...

The years following the Second World War were those of the greatest economic growth that Europe had ever seen. If the countries of the Iberian Peninsula, neutral in the conflict and ruled by dictatorial regimes, enjoyed that growth and had participated in the convergence phenomenon, Ireland,...

Many studies have underlined the existence of clear and persistent differences in the levels of political interest among European citizens. In this report these differences and developments in political involvement and political apathy are described and analysed, and conventional explanations in...

The years following the Second World War were those of the greatest economic growth that Europe had ever seen. If the countries of the Iberian Peninsula, neutral in the conflict and ruled by dictatorial regimes, enjoyed that growth and had participated in the convergence phenomenon, Ireland,...

During the early post-war period, Western trade union movements grew in membership and achieved an institutionalized role in industrial relations and politics. However, during the last decades, many trade unions have seen their membership decline as they came increasingly under pressures due to...

Self-employment still forms an important element in the social structure of modern societies. However, the group of the self-employed has experienced an enormous economic and social change. After a long term decline until the beginning of the 1970s in almost all industrialised countries,...

Political interest of citizens usually is depicted as an individual attribute that can be explained by referring to the resources and skills of the people concerned. The analyses presented here are based on a critical assessment of the explanatory power of these approaches in cross-national and...