-employed than for employees. We argue that those estimates in previous studies might be biased by neglecting anticipation and … adaptation effects. For testing we specify several models accounting for anticipation and adaptation to self-employment and job … with large negative anticipation effects. In contrast to recent literature we find no specific long term effect of self …

-employed than for employees. We argue that those estimates in previous studies might be biased by neglecting anticipation and … adaptation effects. For testing we specify several models accounting for anticipation and adaptation to self-employment and job … with large negative anticipation effects. In contrast to recent literature we find no specific long term effect of self …

-employed than for employees. We argue that those estimates in previous studies might be biased by neglecting anticipation and … adaptation effects. For testing we specify several models accounting for anticipation and adaptation to self-employment and job … with large negative anticipation effects. In contrast to recent literature we find no specific long term effect of self …

-employed than for employees. We argue that those estimates in previous studies might be biased by neglecting anticipation and … adaptation effects. For testing we specify several models accounting for anticipation and adaptation to self-employment and job … with large negative anticipation effects. In contrast to recent literature we find no specific long term effect of self …

anticipation about potential boundary changes can confound identification, so studies often avoid markets where this may arise. We … develop an approach to quantify anticipation by separately identifying the causal effect of local policy and the market …, our estimates indicate that anticipation does matter quantitatively: it increases the welfare cost of the policy by one …