Fostering and supporting start-up businesses by unemployed persons has become anincreasingly important issue in many European countries. These new ventures are beingsupported by various governmental programs. Potential benefits include not only the end ofunemployment for the new entrepreneur but...

Support schemes for unemployed aiming for self-employment have been recently reformedseveral times. In 2003, the start-up subsidy was added to the existing bridging allowance...

This paper empirically analyzes whether the character-based approach, which is based onthe personality structure and the human capital of business founders, allows prediction ofentrepreneurial success...

This paper extends previous research about the determinants of reservation wages byanalysing the effect of progressive income taxation on the ratio between reservation and netmarket wages...

The influence of risk aversion on the decision to become self-employed is a much discussedtopic in the entrepreneurial literature. Conventional wisdom asserts that the role model of anentrepreneur requires to make risky decisions in uncertain environments and hence thatmore risk-averse...

This paper extends previous research about the determinants of reservation wages by analysing the effect of progressive income taxation on the ratio between reservation and net market wages. Based on micro data for Germany (SOEP) we show that joint income taxation in Germany which discriminates...