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The Easterlin Paradox refers to the fact that happiness data are typically stationary in spite of considerable increases in income. This amounts to a rejection of the hypothesis that current income is the only argument in the utility function. One possible answer is that human development...
Persistent link: https://www.econbiz.de/10005561269
Using a large recent representative sample of the adult German population this paper demonstrates that nascent necessity and nascent opportunity entrepreneurs are different with respect to some of the characteristics and attitudes considered to be important for becoming a nascent entrepreneur,...
Persistent link: https://www.econbiz.de/10005125730
This paper presents the first empirical test with German establishment level data of a hypothesis derived by Helpman, Melitz and Yeaple in a model that explains the decision of heterogeneous firms to serve foreign markets either trough exports or foreign direct investment: only the more...
Persistent link: https://www.econbiz.de/10005408061
Based on data from a recent representative survey of the adult population in Germany this paper documents that the …
Persistent link: https://www.econbiz.de/10005556750