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Income Taxes and Entrepreneurial Choice: Empirical Evidence from Germany
Fossen, Frank M.; Steiner, Viktor - Institute for the Study of Labor (IZA) - 2006
Entrepreneurial activity is often regarded as an engine for economic growth and job creation. Through tax policy, governments possess a potential lever to influence the decisions of economic agents to start and close small businesses. In Germany, the top marginal income tax rates were reduced...
Persistent link: https://www.econbiz.de/10005566693
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The Impact of Risk Attitudes on Entrepreneurial Survival
Caliendo, Marco; Fossen, Frank M.; Kritikos, Alexander S. - Institute for the Study of Labor (IZA) - 2008
Risk attitudes have an impact on not only the decision to become an entrepreneur but also the survival and failure rates of entrepreneurs. Whereas recent research underpins the theoretical proposition of a positive correlation between risk attitudes and the decision to become an entrepreneur,...
Persistent link: https://www.econbiz.de/10005822682
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"I Want to, But I Also Need to": Start-Ups Resulting from Opportunity and Necessity
Caliendo, Marco; Kritikos, Alexander S. - Institute for the Study of Labor (IZA) - 2009
When unemployed persons go into business, they often are characterized as necessity entrepreneurs, because push factors, namely their unemployment, likely prompted their decision. In contrast to this, business founders who have been previously employed represent opportunity entrepreneurs because...
Persistent link: https://www.econbiz.de/10008497009
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Searching for the Entrepreneurial Personality: New Evidence and Avenues for Further Research
Caliendo, Marco; Kritikos, Alexander S. - Institute for the Study of Labor (IZA) - 2011
Economic Psychology on "Personality and Entrepreneurship". The contributions are clustered around questions regarding the … for entrepreneurship research. …
Persistent link: https://www.econbiz.de/10009147304
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Trust, Positive Reciprocity, and Negative Reciprocity: Do These Traits Impact Entrepreneurial Dynamics?
Caliendo, Marco; Fossen, Frank M.; Kritikos, Alexander S. - Institute for the Study of Labor (IZA) - 2010
Experimental evidence reveals that there is a strong willingness to trust and to act in both positively and negatively reciprocal ways. So far it is rarely analyzed whether these variables of social cognition influence everyday decision making behavior. We focus on entrepreneurs who are...
Persistent link: https://www.econbiz.de/10008764580
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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
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Risk Attitudes of Nascent Entrepreneurs: New Evidence from an Experimentally-Validated Survey
Caliendo, Marco; Fossen, Frank M.; Kritikos, Alexander S. - Institute for the Study of Labor (IZA) - 2006
The influence of risk aversion on the decision to become self-employed is a much discussed topic in the entrepreneurial literature. Conventional wisdom asserts that the role model of an entrepreneur requires to make risky decisions in uncertain environments and hence that more risk-averse...
Persistent link: https://www.econbiz.de/10005566671
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Who Becomes an Entrepreneur? Labor Market Prospects and Occupational Choice
Poschke, Markus - Institute for the Study of Labor (IZA) - 2008
start, the paper briefly documents evidence from the empirical literature that the relationship between entrepreneurship and … persist in the market, and that returns to entrepreneurship have a much larger cross-sectional variance than returns to wage … entrepreneurship where agents are heterogeneous in their ability as workers, and starting entrepreneurs face uncertainty about their …
Persistent link: https://www.econbiz.de/10005822184
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A Selection-Based Theory of the Transition from Employment to Entrepreneurship: The Role of Employer Size
Parker, Simon C. - Institute for the Study of Labor (IZA) - 2006
A simple occupational choice model is used to predict that entrepreneurs who found new firms are more likely to work for small than for large firms prior to start-up. The mechanism underlying the result is heterogeneous risk aversion. The model also predicts a positive association between new...
Persistent link: https://www.econbiz.de/10005763463
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Entrepreneurial Ventures and Wage Differentials Between Germans and Immigrants
Constant, Amelie; Shachmurove, Yochanan - Institute for the Study of Labor (IZA) - 2003
This paper focuses on the entrepreneurial undertaking of immigrants and natives in Germany. We first study factors that affect the sorting of individuals into self-employment and then we investigate whether self-employment has a differential effect on the wages of individual workers and can lead...
Persistent link: https://www.econbiz.de/10005763736