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We study entrepreneurs’ behavioral responses of effort (moral hazard) to avoid business failure.This is done in the context of an unemployment insurance scheme for self-employed, wherewe estimate how much of the transition probability to unemployment can be causally attributedto being insured....
Persistent link: https://www.econbiz.de/10011376618
the likelihood that he/she starts a business.Implications for entrepreneurship research and practice are discussed. …
Persistent link: https://www.econbiz.de/10011379198
Availability of (partial) insurance mechanisms is arguably important for the decision of (riskaverse) workers to start 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...
Persistent link: https://www.econbiz.de/10010338727
Availability of (partial) insurance mechanisms is arguably important for the decision of (riskaverse) workers to start 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...
Persistent link: https://www.econbiz.de/10010259625
also reinforce the prior evidence on the intergenerational transmission of entrepreneurship. …
Persistent link: https://www.econbiz.de/10011441301
Based on representative micro data for Germany, we compare the incomes of self-employed with those of wage workers. Our … employee, while the median solo entrepreneur earns less. However, solo entrepreneurship pays for those with a university …
Persistent link: https://www.econbiz.de/10010438895
also reinforce the prior evidence on the intergenerational transmission of entrepreneurship. …
Persistent link: https://www.econbiz.de/10011454428
A common finding in the entrepreneurship literature is that business creation increases in recessions. This counter …-cyclical pattern is examined by separating business creation into two components: "opportunity" and "necessity" entrepreneurship … entrepreneurship, there are many challenges to creating a definition that is both objective and empirically feasible. We propose an …
Persistent link: https://www.econbiz.de/10011789099
Based on representative micro data for Germany, we compare the incomes of self-employed with those of wage workers. Our … employee, while the median solo entrepreneur earns less. However, solo entrepreneurship pays for those with a university …
Persistent link: https://www.econbiz.de/10010433906
We use the historical self-employment rate as an indicator of a regional culture of entrepreneurship and link this … measure to economic growth in recent periods. The results indicate that German regions with a high level of entrepreneurship … a regional culture of entrepreneurship is an important resource for regional growth. …
Persistent link: https://www.econbiz.de/10010342537