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insurance system on the entry rate into entrepreneurship. In Germany, the public health insurance system is mandatory for most … representative household panel data for Germany, which include personal health information, and we account for non-random sample ….e. about a third of the average annual entry rate. The results show that the phenomenon of entrepreneurship lock, which an …
Persistent link: https://www.econbiz.de/10010471539
, 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/10010304694
hypotheses, we use household survey panel data for Germany eliciting the personal wealth composition in detail in 2002, 2007, and … into entrepreneurship, we use changes in entry regulation into skilled trades. Estimation results are consistent with the …
Persistent link: https://www.econbiz.de/10011672012
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/10010308745
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/10010310070
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
one of the most prominent determinants of entrepreneurship - education - and approximately three times larger than …
Persistent link: https://www.econbiz.de/10010304696
The influence of risk aversion on the decision to become self-employed is a much discussedtopic in the entrepreneurial literature. Conventional wisdom asserts that the role model of anentrepreneur requires to make risky decisions in uncertain environments and hence thatmore risk-averse...
Persistent link: https://www.econbiz.de/10005869676