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It's the Opportunity Cost, Stupid! How Self-Employment Responds to Financial Incentives of Return, Risk and Skew

Berkhout, Peter - 2011

There is no robust empirical support for the effect of financial incentives on the decision to work in self-employment rather than as a wage earner. In the literature, this is seen as a puzzle. We offer a focus on the opportunity cost, i.e. the wages given up as an employee. Information on...

Persistent link: https://www.econbiz.de/10013117620

New Evidence on the Relationship between Risk Attitudes and Self-Employment

Skriabikova, Olga J. - 2014

This paper analyses the impact of risk attitudes on the decision to become self-employed among individuals who grew up … correlation between risk preferences and self-employment after transition is unlikely to be driven by parents transmitting self …-employment experience and risk preferences to their children. Robustness checks on a sample of East Germans confirm that such a third factor …

Persistent link: https://www.econbiz.de/10013049736

How Reliable Are Income Data Collected with aSingle Question?

Micklewright, John; Schnepf, Sylke Viola - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

.We investigate the reliability of "single-question" data using the ONS Omnibus and BritishSocial Attitudes (BSA) surveys as examples... …

Persistent link: https://www.econbiz.de/10005861373

Surveying Migrant Households: A Comparison ofCensus-Based, Snowball, and Intercept Point Surveys

McKenzie, David J.; Mistiaen, Johan - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

Few representative surveys of households of migrants exist, limiting our ability to study theeffects of international …

Persistent link: https://www.econbiz.de/10005861387

Informality as a Stepping Stone:Entrepreneurial Entry in a Developing Economy

Bennett, John; Estrin, Saul - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

We model decisions with respect to formality or informality for entrepreneurs in a newindustry for a developing economy. We show that informality allows a leader to explore,without significant sunk costs, the potential profitability of the industry; that is, informality maybe a stepping stone,...

Persistent link: https://www.econbiz.de/10005862339

Tournaments and Office Politics:Evidence from a Real Effort Experiment

Carpenter, Jeffrey P.; Matthews, Peter Hans; Schirm, John - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

In many environments, tournaments can elicit more effort from workers, except perhapswhen workers can sabotage each other. Because it is hard to separate effort, ability andoutput in many real workplace settings, the empirical evidence on the incentive effect oftournaments is thin...

Persistent link: https://www.econbiz.de/10005862319

Returns to Capital in Microenterprises:Evidence from a Field Experiment

De Mel, Suresh; McKenzie, David J.; Woodruff, Christopher - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

Small and informal firms account for a large share of employment in developing countries.The rapid expansion of microfinance services is based on the belief that these firms haveproductive investment opportunities and can enjoy high returns to capital if given theopportunity...

Persistent link: https://www.econbiz.de/10005862578

Performance Pay, Group Selection andGroup Performance

Königstein, Manfred; Ruchala, Gabriele K. - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

Within a laboratory experiment we investigate a principal-agent game in which agents may,first, self-select into a group task (GT) or an individual task (IT) and, second, choose workeffort. In their choices of task and effort the agents have to consider pay contracts for bothtasks as offered by...

Persistent link: https://www.econbiz.de/10005863219

Gift Exchange within a Firm:Evidence from a Field Experiment

Bellemare, Charles; Shearer, Bruce - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

We present results from a field experiment testing the gift-exchange hypothesis inside a treeplantingfirm paying its workforce incentive contracts. Firm managers told a crew of treeplanters they would receive a pay raise for one day as a result of a surplus not attributable topast planting...

Persistent link: https://www.econbiz.de/10005863220

Cooperation, Competition, and Risk Attitudes:An Intergenerational Field and Laboratory Experiment

Charness, Gary; Villeval, Marie-Claire - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

juniors (under 30) and seniors (over 50) in both experiments conducted onsite with theemployees of two large firms and in a …

Persistent link: https://www.econbiz.de/10005863328