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It's the Opportunity Cost, Stupid! How Self-Employment Responds to Financial Incentives of Return, Risk and Skew

Berkhout, Peter; Hartog, Joop; van Praag, Mirjam - Institute for the Study of Labor (IZA) - 2011

There is no robust empirical support for the effect of financial incentives on the decision to work in self-employment rather than as a wage earner. In the literature, this is seen as a puzzle. We offer a focus on the opportunity cost, i.e. the wages given up as an employee. Information on...

Persistent link: https://www.econbiz.de/10009369109

Risk, Balanced Skills and Entrepreneurship

Hsieh, Chihmao; Parker, Simon C.; van Praag, Mirjam - Institute for the Study of Labor (IZA) - 2011

the impacts both of risk aversion and balanced skills on the likelihood individuals choose entrepreneurship. Data on Dutch …-averse people might be suited to entrepreneurship; and it may also help explain why prior research has generated mixed evidence … about the effects of risk aversion on selection into entrepreneurship. …

Persistent link: https://www.econbiz.de/10009395440

The Effect of Early Entrepreneurship Education: Evidence from a Randomized Field Experiment

Rosendahl Huber, Laura; Sloof, Randolph; van Praag, Mirjam - Institute for the Study of Labor (IZA) - 2012

The aim of this study is to analyze the effectiveness of early entrepreneurship education. To this end, we conduct a … randomized field experiment to evaluate a leading entrepreneurship education program that is taught worldwide in the final grade …

Persistent link: https://www.econbiz.de/10011279352

Entrepreneurship, Wage Employment and Control in an Occupational Choice Framework

Douhan, Robin; van Praag, Mirjam - Institute for the Study of Labor (IZA) - 2009

We combine two empirical observations in a general equilibrium occupational choice model. The first is that entrepreneurs have more control than employees over the employment of and accruals from assets, such as human capital. The second observation is that entrepreneurs enjoy higher returns to...

Persistent link: https://www.econbiz.de/10005004567

Returns for Entrepreneurs vs. Employees: The Effect of Education and Personal Control on the Relative Performance of Entrepreneurs vs. Wage Employees

van Praag, Mirjam; van Witteloostuijn, Arjen; van der … - Institute for the Study of Labor (IZA) - 2009

spells in entrepreneurship versus wage employment, thereby accounting for selectivity into entrepreneurial positions based on …

Persistent link: https://www.econbiz.de/10008558947

Who Values the Status of the Entrepreneur?

van Praag, Mirjam - Institute for the Study of Labor (IZA) - 2009

Parker and Van Praag (2009) showed, based on theory, that the group status of the profession 'entrepreneurship' shapes … consequences of the group status of a profession, entrepreneurship in particular. If the group status of entrepreneurship is … be expected and respect. Furthermore, our results imply that entrepreneurship is associated with hard work, high incomes …

Persistent link: https://www.econbiz.de/10005030890