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Germany experienced a unique rise in the level of self-employment in the first two decades following unification. Applying the non-linear Blinder-Oaxaca decomposition technique, we find that the main factors driving these changes in the overall level of self-employment are demographic...
Persistent link: https://www.econbiz.de/10011164333
Based on representative micro data for Germany, we compare the incomes of self-employed with those of wage workers. Our … employee, while the median solo entrepreneur earns less. However, solo entrepreneurship pays for those with a university …
Persistent link: https://www.econbiz.de/10010961524
insurance system on the entry rate into entrepreneurship. In Germany, the public health insurance system is mandatory for most … based on representative household panel data for Germany, which include personal health information, and we account for … points, i.e. about a third of the average annual entry rate. The results show that the phenomenon of entrepreneurship lock …
Persistent link: https://www.econbiz.de/10011185760
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/10010544328
puzzle. The analysis is based on a large, representative panel data set for Germany, which provides information on asset …
Persistent link: https://www.econbiz.de/10005068887
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/10005069001
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/10008765038
, lenders may charge higher interest rates or ration credit supply, which can hamper entrepreneurship. Both aspects of a more … experiment, based on representative household panel data. The results indicate that the insurance effect of a more forgiving … entrepreneurship. …
Persistent link: https://www.econbiz.de/10008804165
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/10011128857
The in°uence of risk aversion on the decision to become self-employed is a much discussed topic in the entrepreneurial literature. Conventional wisdom asserts that being an entrepreneur means making risky decisions in uncertain environments; hence more risk-averse individuals are less likely to...
Persistent link: https://www.econbiz.de/10010297253