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Necessity and Opportunity Entrepreneurs and their Duration in Self-employment: Evidence from German Micro Data
Block, Jörn H.; Sandner, Philipp G. - Volkswirtschaftliche Fakultät, … - 2007
opportunity entrepreneurs in terms of self-employment duration. Using univariate statistics, we find that opportunity … entrepreneurs remain in self-employment longer than necessity entrepreneurs. However, after controlling for the entrepreneurs …
Persistent link: https://www.econbiz.de/10005157503
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On the financial sustainability of earnings-related pension schemes with "pay-as-you-go" financing and the role of government indexed bonds
Robalino, David A. - 2006
"In this paper the authors reconsider the idea of an earnings-related pension system with reserves invested in indexed government bonds as a mechanism to both ensure financial sustainability and improve security. They start by reviewing the characterization of the sustainable rate of return of...
Persistent link: https://www.econbiz.de/10010522096