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Based on representative micro data for Germany, we compare the incomes of self-employed with those of wage workers. Our …
Persistent link: https://www.econbiz.de/10010438045
Germany experienced a unique rise in the level of self-employment in the first two decades following unification … employees and the overall level of self-employment in West Germany, their explanatory power is much lower for the stronger … increase of solo self-employment and of self-employment in former socialist East Germany. …
Persistent link: https://www.econbiz.de/10010479957
In this paper we investigate the link between entrepreneurship and financial constraints. We develop a dynamic partial equilibrium model of an individual utility maximization that predicts that the person is more likely to start her business when financial constraints are eased. We test this...
Persistent link: https://www.econbiz.de/10002830805
We analyze whether start-up rates in different industries systematically change with business cycle variables. Using a unique data set at the industry level, we mostly find correlations that are consistent with counter-cyclical influences of the business cycle on entries in both innovative and...
Persistent link: https://www.econbiz.de/10011822200
formation: industry, location and change over time. The data is for West Germany and covers the 1983-97 period. Our analysis …
Persistent link: https://www.econbiz.de/10011437260