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Risky Earnings, Taxation and Entrepreneurial Choice: A Microeconometric Model for Germany

Fossen, Frank M. - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2007

earnings deter risk-averse individuals. In this paper I analyse the expected value and variance of income in self …-employment entry and exit under risk are estimated, which include a standard risk aversion parameter. The model predicts that the …

Persistent link: https://www.econbiz.de/10005068790

Would a Flat Tax Stimulate Entrepreneurship in Germany?: A Behavioural Microsimulation Analysis Allowing for Risk

Fossen, Frank M. - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2008

parameter of risk aversion. The simulation results indicate that flatter tax systems do not encourage, but rather discourage … people from choosing self-employment. This is explained by the reduction of entrepreneurs' income risk through progressive …

Persistent link: https://www.econbiz.de/10005069001

The Evolution of Labor Earnings Risk in the US Economy

Cunha, Flavio; Heckman, James - Society for Economic Dynamics - SED - 2006

In this paper we build on the Cunha, Heckman and Navarro (2005) and show that labor earnings risk has increased …

Persistent link: https://www.econbiz.de/10005069208

APPROXIMATE EXPECTED UTILITY THEORY AND THE NOTHING TO GAIN/NOTHING TO LOSE EFFECT.

LELAND, J.W. - Carnegie Mellon University, Tepper School of Business - 1989

Persistent link: https://www.econbiz.de/10005070192

The Southern Region Risk Management Education Center (PowerPoint)

Stokes, Kenneth W. - Southern Association of Agricultural Experiment Station … - 2009

Persistent link: https://www.econbiz.de/10005070362

Household Decision Making and the Influence of Spouses' Income, Education, and Communist Party Membership: A Field Experiment in Rural China

Carlsson, Fredrik; Martinsson, Peter; Qin, Ping; … - Institute for the Study of Labor (IZA) - 2009

. Spouses have to choose between risky lotteries, first separately and then jointly. We find that spouses' individual risk …

Persistent link: https://www.econbiz.de/10005070428

More Security Issues are Needed on the European Union Agenda: Beyond an Academic Concept of In/Security in the Era of Global Terrorism

Krulík, Oldrich; Pernica, Buhoslav; Stejskal, Libor; … - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2009

Security as an objectively existing quality which can be discussed in innumerable ways, but it may hardly be ignored and its significance (let alone its existence) may hardly be doubted. Security is a fundamental human need which is a subject of our efforts for its satisfaction and its chronic...

Persistent link: https://www.econbiz.de/10005071053

The Evaluation of Risky Projects by Voters.

Glazer, A.; Konrad, K.A. - Carnegie Mellon University, Tepper School of Business - 1991

Persistent link: https://www.econbiz.de/10005073535

Valuation of Self-Insurance and Self-Protection under Ambiguity: Experimental Evidence

Ozdemir, Ozlem - Wirtschaftswissenschaftliche Fakultät, … - 2007

This experimental study, first, compares the individual valuations of two risk reduction mechanisms: self-insurance and … valuations when loss amounts are known. results confirm that there exists no "framing effect" due to the two risk reduction …

Persistent link: https://www.econbiz.de/10005090463

Causes, consequences, and cures of myopic loss aversion - An experimental investigation

Fellner, Gerlinde; Sutter, Matthias - Wirtschaftswissenschaftliche Fakultät, … - 2008

behaviour under risk. We find that both, investment horizons and feedback frequency contribute almost equally to the effects of …

Persistent link: https://www.econbiz.de/10005090568