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1
What makes an employer?
Caliendo, Marco
;
Fossen, Frank M.
;
Kritikos, Alexander
-
2019
As the policy debate on
entrepreneurship
increasingly centers on firm growth in terms of job creation, it is important …
Persistent link: https://www.econbiz.de/10012140764
Saved in:
2
The returns to education for opportunity entrepreneurs, necessity entrepreneurs, and paid employees
Fossen, Frank M.
;
Büttner, Tobias J. M.
-
2012
We assess the relevance of formal education for the productivity of the self-employed and distinguish between opportunity entrepreneurs, who voluntarily pursue a business opportunity, and necessity entrepreneurs, who lack alternative employment options. We expect differences in the returns to...
Persistent link: https://www.econbiz.de/10010289624
Saved in:
3
The private equity premium puzzle revisited: new evidence on the role of heterogeneous risk attitudes
Fossen, Frank M.
-
2008
The empirical finding that entrepreneurs tend to invest a large share of their wealth in their own firms despite comparably low returns and high risk has become known as the private equity premium puzzle. This paper provides evidence supporting the hypothesis that lower risk aversion of...
Persistent link: https://www.econbiz.de/10010271074
Saved in:
4
Trust, positive reciprocity, and negative reciprocity: Do these traits impact entrepreneurial dynamics?
Caliendo, Marco
;
Fossen, Frank
;
Kritikos, Alexander
-
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/10010285743
Saved in:
5
Risk attitudes and private business equity
Fossen, Frank M.
-
2012
Why do people engage in
entrepreneurship
and commit large parts of their personal wealth to their business, despite … and exit decisions. Nonpecuniary benefits of
entrepreneurship
, such as being independent in the workplace, also contribute …
Persistent link: https://www.econbiz.de/10010287307
Saved in:
6
Would a flat tax stimulate
entrepreneurship
in Germany? A behavioural microsimulation analysis allowing for risk
Fossen, Frank M.
-
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/10010324255
Saved in:
7
Does gender of firm ownership matter? Female entrepreneurs and the gender pay gap
Kritikos, Alexander
;
Maliranta, Mika
;
Nippala, Veera
; …
-
2024
We examine how the gender of business-owners is related to the wages paid to female relative to male employees working in their firms. Using Finnish register data and employing firm fixed effects, we find that the gender pay gap is - starting from a gender pay gap of 11 to 12 percent - two to...
Persistent link: https://www.econbiz.de/10014530291
Saved in:
8
What makes an entrepreneur and does it pay? Native men, Turks, and other migrants in Germany
Zimmermann, Klaus F.
;
Shachmurove, Yochanan
;
Constant, …
-
2003
This paper focuses on the entrepreneurial endeavors of immigrants and natives in Germany. We pay closer attention to Turks, since they are the largest immigrant group with a strong entrepreneurial tradition, and the self-employed Turks in Germany represent about 70% of all Turkish entrepreneurs...
Persistent link: https://www.econbiz.de/10010324207
Saved in:
9
Zooming in on monetary policy: The labor share and production dynamics of two million firms
Fritsche, Jan Philipp
;
Steininger, Lea
-
2021
Conditional on a contractionary monetary policy shock, the labor share of value added is expected to decrease in the basic New Keynesian model. By providing firm-level evidence, we are first to validate this proposition. Using local projections and high dimensional fixed effects, we show that a...
Persistent link: https://www.econbiz.de/10012643596
Saved in:
10
Estimating and Forecasting Aggregate Productivity Growth Trends in the US and Germany
Erber, Georg
;
Fritsche, Ulrich
-
2005
This paper addresses the issue of estimating and forecasting productivity growth trends in the US and Germany from the perspective of a business cycle researcher who wants to use the available information in time series of aggregate labor productivity to derive a model for short- and/or...
Persistent link: https://www.econbiz.de/10010260835
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