Fossen, Frank M.; Rostam-Afschar, Davud - Forschungsbasierte Infrastruktureinrichtung … - 2009
precautionary wealth in various studies. However, the large estimates emerged from pooling non-entrepreneurs and entrepreneurs … private wealth balance sheets. Entrepreneurs, who face high income risk, hold more wealth than employees, but it is shown that … this is not due to precautionary motives. Entrepreneurs may rather save for old age, as they are usually not covered by …