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Risk, Balanced Skills and Entrepreneurship

Hsieh, Chihmao; Parker, Simon C.; van Praag, Mirjam - Institute for the Study of Labor (IZA) - 2011

the impacts both of risk aversion and balanced skills on the likelihood individuals choose entrepreneurship. Data on Dutch …-averse people might be suited to entrepreneurship; and it may also help explain why prior research has generated mixed evidence … about the effects of risk aversion on selection into entrepreneurship. …

Persistent link: https://www.econbiz.de/10009395440

Risky Earnings, Taxation and Entrepreneurial Choice: A Microeconometric Model for Germany

Fossen, Frank M. - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2007

Which role do individual income prospects play in the decision to be an entrepreneur rather than an employee? In a model of occupational choice, higher expected after-tax earnings attract people to self-employment, while more risky net earnings deter risk-averse individuals. In this paper I...

Persistent link: https://www.econbiz.de/10005068790

Would a Flat Tax Stimulate Entrepreneurship in Germany?: A Behavioural Microsimulation Analysis Allowing for Risk

Fossen, Frank M. - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2008

When possible income tax reforms are debated, the suspected impact on entrepreneurship is often used as an argument in … entrepreneurship based on microeconometric research have not been provided by the literature, however. This paper estimates the ex …

Persistent link: https://www.econbiz.de/10005069001

The Radical Innovation Investment Decision Refined

Bilkic, Natasa; Gries, Thomas; Naudé, Wim - Institute for the Study of Labor (IZA) - 2013

We refine modelling of the radical innovation decision in this paper by extending real option theory to include non-marginal stochastic jump processes. From the model analytics we determine that the average magnitude and frequency of non-marginal stochastic jump processes are the most important...

Persistent link: https://www.econbiz.de/10010791525

Personality Characteristics and the Decision to Become and Stay Self-Employed

Caliendo, Marco; Fossen, Frank M.; Kritikos, Alexander S. - Institute for the Study of Labor (IZA) - 2011

one of the most prominent determinants of entrepreneurship – education – and approximately three times larger than …

Persistent link: https://www.econbiz.de/10008868132

Personality Characteristics and the Decision to Become and Stay Self-Employed

Caliendo, Marco; Fossen, Frank M.; Kritikos, Alexander S. - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2011

one of the most prominent determinants of entrepreneurship - education - and approximately three times larger than …

Persistent link: https://www.econbiz.de/10008869171