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Entrepreneurial moral hazard in income insurance

Ejrnæs, Mette; Hochgürtel, Stefan - 2011

We study entrepreneurs’ behavioral responses of effort (moral hazard) to avoid business failure.This is done in the context of an unemployment insurance scheme for self-employed, wherewe estimate how much of the transition probability to unemployment can be causally attributedto being insured....

Persistent link: https://www.econbiz.de/10011376618

Insurance, entrepreneurial start-up, and performance

Ejrnæs, Mette; Hochgürtel, Stefan - 2014

Availability of (partial) insurance mechanisms is arguably important for the decision of (riskaverse) workers to start up a risky entrepreneurial venture. Using administrative data from Denmark, where unemployment insurance (UI) is available to both wage earners and self-employed on a voluntary...

Persistent link: https://www.econbiz.de/10010259625

Self-employment around retirement age

Hochgürtel, Stefan - 2010 - Second draft. July 2010

This paper uses panel data from the pan-European SHARE survey to study labor market behavior of older male self-employed vis-a-vis wage employed workers. We find the self-employed to work longer hours, to be more flexible in their hours allocation, and to retire later in all countries. We relate...

Persistent link: https://www.econbiz.de/10011380941

Entrepreneurial moral hazard in income insurance : empirical evidence from a large administrative sample

Ejrnæs, Mette; Hochgürtel, Stefan - 2008

Persistent link: https://www.econbiz.de/10003739103

Self-employment around retirement age

Hochgürtel, Stefan - 2010

Persistent link: https://www.econbiz.de/10003989867

Self-employment out of dissatisfaction : an international study

Noorderhaven, Niels G.; Wennekers, A. R.; Hofstede, Geert; … - 1999

This paper studies differences in the rate of self-employment (business ownership) in more thantwenty Western nations and Japan for the period 1974-1994, focusing in particular on theinfluences of dissatisfaction and uncertainty avoidance. We test two types of hypotheses, pertainingto the...

Persistent link: https://www.econbiz.de/10011302619

The relation between economic development and business ownership revisited

Carree, Martin Anthony; Stel, Adriaan J. van; Thurik, … - 2007

This paper revisits the two-equation model of Carree, van Stel, Thurik and Wennekers (2002) where deviations from the ‘equilibrium’ rate of business ownership play a central role determining both the growth of business ownership and that of economic development. Two extensions of the...

Persistent link: https://www.econbiz.de/10011372525

Business ownership and economic growth in 23 OECD countries

Carree, Martin Anthony; Stel, Adriaan J. van; Thurik, … - 2000

In the present paper we address the relationship between the extentof business ownership (self-employment) and economic development. We will focusupon three issues. First, how is the equilibrium rate of business ownershiprelated to the stage of economic development? Second, what is the speed...

Persistent link: https://www.econbiz.de/10011302609

Uncertainty avoidance and the rate of business ownership across 22 OECD countries, 1976 - 2000

Wennekers, A. R.; Thurik, Adriaan R.; Stel, Adriaan J. van - 2004

countries. First, the concepts of uncertainty and risk are elaborated, as well as theirrelevance for entrepreneurship. Second … (uncertaintyavoidance) may have a diverging impact on entrepreneurship. Possibly, a climate of uncertainty avoidancein large organizations …, suggesting that risingopportunity costs of entrepreneurship are the dominant perception in this cultural environment. In a …

Persistent link: https://www.econbiz.de/10011334327

I can't get no satisfaction - necessity entrepreneurship and procedural utility

Block, Jörn; Koellinger, Philipp - 2008

Persistent link: https://www.econbiz.de/10003762641