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Lifting the iron curtain : school-age education and entrepreneurial intentions

Falck, Oliver; Gold, Robert; Heblich, Stephan - 2015

We exploit Germany’s reunification to identify how school-age education affects entrepreneurial intentions. We look at university students in reunified Germany who were born before the Iron Curtain fell. During school age, all students in the West German control group received formal and...

Persistent link: https://www.econbiz.de/10011346315

Age-specific entrepreneurship and PAYG public pensions in Germany

Heer, Burkhard; Trede, Mark - 2020

We present new empirical evidence on the distribution of earnings, income and wealth among entrepreneurs in Germany. We document that both earnings and income are more concentrated among entrepreneurs than among workers and describe a large-scale overlapping-generations model that can replicate...

Persistent link: https://www.econbiz.de/10012249285

Opportunity versus necessity entrepreneurship : two components of business creation

Fairlie, Robert W.; Fossen, Frank M. - 2018

A common finding in the entrepreneurship literature is that business creation increases in recessions. This counter …-cyclical pattern is examined by separating business creation into two components: "opportunity" and "necessity" entrepreneurship … entrepreneurship, there are many challenges to creating a definition that is both objective and empirically feasible. We propose an …

Persistent link: https://www.econbiz.de/10011789099

Personality traits and the evaluation of start-up subsidies

Caliendo, Marco; Künn, Steffen; Weißenberger, Martin - 2016

entrepreneurship literature has emphasised the important role of personality traits as predictors for start-up decisions and business …

Persistent link: https://www.econbiz.de/10011420781

The apple doesn't fall far from the tree : location of start-ups relative to incumbents

Falck, Oliver; Fritsch, Michael; Heblich, Stephan - 2008

patterns beyond what natural advantages would suggest compared to 40 percent in West Germany. -- Entrepreneurship ; location …

Persistent link: https://www.econbiz.de/10003803496

Are business start-ups liquidity constrained? : evidence from a quasi-experimental allocation of housing wealth in East Germany

Fuchs, Tobias; Gebhardt, Georg - 2019

Are entrepreneurs liquidity constraint? Using quasi-random housing wealth variation resulting from communist era decisions, we argue yes, as we find that wealthier East Germans are more likely to become self-employed after reunification. In the literature, no such strong relationship was found...

Persistent link: https://www.econbiz.de/10012039018

Do better capitalized banks lend less? : long-run panel evidence from Germany

Buch, Claudia M.; Prieto, Esteban - 2012

Insufficient capital buffers of banks have been identified as one main cause for the large systemic effects of the recent financial crisis. Although higher capital is no panacea, it yet features prominently in proposals for regulatory reform. But how do increased capital requirements affect...

Persistent link: https://www.econbiz.de/10009570042

Incentive pay and bank risk-taking : evidence from Austrian, German, and Swiss banks

Efing, Matthias; Hau, Harald; Kampkötter, Patrick; … - 2014

We use payroll data on 1.2 million bank employee years in the Austrian, German, and Swiss banking sector to identify incentive pay in the critical banking segments of treasury/capital market management and investment banking for 66 banks. We document an economically significant correlation of...

Persistent link: https://www.econbiz.de/10010412865

The future of work and consumption in cities after the pandemic : evidence from Germany

Alipour, Jean-Victor; Falck, Oliver; Krause, Simon; … - 2022

We estimate the impact of Covid-induced working from home (WFH) on offline consumer spending in urban agglomerations. Our analysis draws on postcode-level data on card transactions and WFH patterns in major German cities between January 2019 and May 2022. We address endogeneity in WFH uptake by...

Persistent link: https://www.econbiz.de/10013411572

Optimal use of labor market policies : the role of job search assistance

Wunsch, Conny - 2009

This paper studies the role of job search assistance programs in optimal welfare-to-work programs. The analysis is based on a framework, that allows for endogenous choice of benefit types and levels, wage taxes or subsidies, and activation measures such as monitoring and job search assistance...

Persistent link: https://www.econbiz.de/10003923505