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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
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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
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The relationship between entrepreneurship and unemployment in Japan
Stel, Adriaan J. van; Thurik, Adriaan R.; Verheul, Ingrid; … - 2008
This paper examines the relationship between entrepreneurship (as measured by fluctuations in the business ownership … been influenced by specific exogenous shocks, the effects of entrepreneurship on unemployment are not different when …
Persistent link: https://www.econbiz.de/10011372966
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What is the value of entrepreneurship? : a review of recent research
Praag, Mirjam van; Versloot, Peter H. - 2007
claim that entrepreneurship has important economic value. Hence, a systematic review is provided that answers the question … group’? A fourth type of contribution studied is the role of entrepreneurship in increasing individuals’ utility levels …
Persistent link: https://www.econbiz.de/10011372984
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Entrepreneurial exit in real and imagined markets
Stam, Erik; Thurik, Adriaan R.; Zwan, Peter van der - 2009 - Version: October 2009
Entrepreneurs exit their business due to selection mechanisms experienced in the market place. Next to this well known ex-post decision to exit, entrepreneurs select ex-ante whether they are willing to pursue an entrepreneurial career at all, or to give up these entrepreneurial intentions. This...
Persistent link: https://www.econbiz.de/10011374393
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Total factor productivity and the role of entrepreneurship
Erken, Hugo; Donselaar, Piet; Thurik, Adriaan R. - 2009 - Current version: May 2009
models based on the established literature. Traditionally, entrepreneurship is not dealt with in these models. In the present … paper it is shown that – when this variable is added - in all models there is a significant influence of entrepreneurship … while the remaining effects mainly stay the same. Entrepreneurship is measured as the business ownership rate (number of …
Persistent link: https://www.econbiz.de/10011378136
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Entrepreneurial progress : climbing the entrepreneurial ladder in Europe and the US
Zwan, Peter van der; Verheul, Ingrid; Thurik, Adriaan R.; … - 2010 - Version: March 2010
through these stages. Data are used from the 2007 “Flash Eurobarometer Survey on Entrepreneurship”, covering 27 European …
Persistent link: https://www.econbiz.de/10011378847
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Are education and entrepreneurial income endogenous and do family background variables make sense as instruments? : a Bayesian analysis
Block, Jörn; Hoogerheide, Lennart; Thurik, Adriaan R. - 2010 - Current version: February 2010
Education is a well-known driver of (entrepreneurial) income. The measurement of its influence, however, suffers from endogeneity suspicion. For instance, ability and occupational choice are mentioned as driving both the level of (entrepreneurial) income and of education. Using instrumental...
Persistent link: https://www.econbiz.de/10011380037
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Risk attitudes and profits among small enterprises in Nigeria
Lammers, Judith; Willebrands, Daan; Hartog, Joop - 2010
This paper analyses the effect of risk attitudes of firm owners on profits among micro and small enterprises (MSEs) in Lagos, Nigeria. Higher risk perceptions are shown to have a significant positive effect on profits, whereas risk propensity has a negative or no effect. Education, age, being...
Persistent link: https://www.econbiz.de/10011380730
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The pleasures and pains of self-employment : a panel data analysis of satisfaction with life, work, and leisure
Zwan, Peter van der; Hessels, Jolanda; Rietveld, … - 2015
We investigate how a transition from paid employment to self-employment in the labor market influences life satisfaction. Furthermore, we consider the dynamics of work and leisure satisfaction because the balance between work and leisure is an important element of life satisfaction....
Persistent link: https://www.econbiz.de/10011327339