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The US labour market is characterized by a high skill wage mark-up and low unemployment, while the German labour market has a low skill wage mark-up and a high, mainly unskilled unemployment rate. This paper adds an innovative labour supply explanation to the discussion how these distinct labour...
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consequence, more necessity entrepreneurship and worse startup outcomes in terms of sales and employment growth. We explain this …
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; Entrepreneurship ; Educational entry requirement Natural experiment ; Craftsmanship …
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one of the most prominent determinants of entrepreneurship - education - and approximately three times larger than … parental selfemployment. -- Entrepreneurship ; Personality ; Big Five ; Risk Aversion ; Locus of Control …
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; necessity ; entrepreneurship …
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insurance system on the entry rate into entrepreneurship. In Germany, the public health insurance system is mandatory for most ….e. about a third of the average annual entry rate. The results show that the phenomenon of entrepreneurship lock, which an …
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