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This paper examines the existence of a habituation effect to unemployment: Do the unemployed suffer less from job loss if unemployment is more widespread, if their own unemployment lasts longer and if unemployment is a recurrent experience? The underlying idea is that unemployment hysteresis may...
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post-unified Germany. The findings suggest that the socialist regime significantly damaged this mechanism of an …
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We argue that entrepreneurial choice proceeds in at least in two steps, with vocational choice nearly always preceding choice of employment status, whether that be self-employment or dependent employment. Since the two decisions are interrelated, analysis of entrepreneurial choice as a single...
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The 1990s and 2000s were a gloomy period for Germany's working class, hit by mass unemployment, welfare retrenchment … and wage stagnation. We examine whether the growing economic disparity between the top and the bottom of Germany's class … life satisfaction and whether, over the last decades, this class gradient increased in Germany, relative to the comparison …
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We investigate the effect of broad personality traits — the Big Five — on an individual’s decision to become self-employed. In particular, we test an overall indicator of the entrepreneurial personality. Since we find that the level of selfemployment varies considerably across professions,...
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