Ejrnæs, Mette; Hochguertel, Stefan - Tinbergen Instituut - 2014
up a risky entrepreneurial venture. Using administrative data from Denmark, where unemployment insurance (UI) is … available to both wage earners and self-employed on a voluntary basis, we estimate the causal effect of UI cover on the self …-employment choice of wage earners after instrumenting for the UI choice. The instruments we use are based on a series of policy …