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Entrepreneurial success and subjective well-being : worries about the business explain one's well-being loss from self-employment
Binder, Martin - 2017
Despite lower incomes the self-employed often report higher job satisfaction. But this increased job satisfaction only sometimes translates into higher life satisfaction, likely due to the heterogeneous nature of self-employment. By distinguishingdifferent types of self-employment, this paper...
Persistent link: https://www.econbiz.de/10011782009
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Are education and entrepreneurial income endogenous and do family background variables make sense as instruments? : a Bayesian analysis
Block, Jörn; Hoogerheide, Lennart; Thurik, Adriaan R. - 2010 - Current version: February 2010
Education is a well-known driver of (entrepreneurial) income. The measurement of its influence, however, suffers from endogeneity suspicion. For instance, ability and occupational choice are mentioned as driving both the level of (entrepreneurial) income and of education. Using instrumental...
Persistent link: https://www.econbiz.de/10008826247
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Entry into entrepreneurship, endogenous adaption of risk attitudes and entrepreneurial survival
Brachert, Matthias; Hyll, Walter; Titze, Mirko - 2014
Empirical studies use the assumption of stability in individual risk attitudes when searching for a relationship between attitude to risk and the decision to become and survive as an entrepreneur. We show that risk attitudes do not remain stable but face endogenous adaption when starting a new...
Persistent link: https://www.econbiz.de/10010421510
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Opportunity versus necessity entrepreneurship : two components of business creation
Fairlie, Robert W.; Fossen, Frank M. - 2017
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. Although there is general agreement in the...
Persistent link: https://www.econbiz.de/10011808609
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Personality traits, self-employment, and professions
Fritsch, Michael; Rusakova, Alina - 2010
We investigate the effect of broad personality traits - the Big Five - on an individual's decision to become self-employed. In particular, we test an overall indicator of the entrepreneurial personality. Since we find that the level of selfemployment varies considerably across professions, we...
Persistent link: https://www.econbiz.de/10008826989
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The economic impact of social ties : evidence from German reunification
Burchardi, Konrad B.; Hassan, Tarek A. - 2011
to East Germany in 1989 experience a persistent rise in their personal incomes after the fall of the Berlin Wall … within a given West German region invest in East Germany. As a result, West German regions which (for idiosyncratic reasons … capita in the early 1990s. A one standard deviation rise in the share of households with social ties to East Germany in 1989 …
Persistent link: https://www.econbiz.de/10009357263
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On the stability of preferences : repercussions of entrepreneurship on risk attitudes
Brachert, Mattias; Hyll, Walter - 2014
The majority of empirical studies make use of the assumption of stable preferences in searching for a relationship between risk attitude and the decision to become and stay an entrepreneur. Yet empirical evidence on this relationship is limited. In this paper, we show that entry into...
Persistent link: https://www.econbiz.de/10010374180
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The impact of risk attitudes on entrepreneurial survival
Caliendo, Marco; Fossen, Frank M.; Kritikos, Alexander - 2008
Risk attitudes have an impact on not only the decision to become an entrepreneur but also the survival and failure rates of entrepreneurs. Whereas recent research underpins the theoretical proposition of a positive correlation between risk attitudes and the decision to become an entrepreneur,...
Persistent link: https://www.econbiz.de/10011632497
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Are senior entrepreneurs happier than who? : the role of income and health
Fritsch, Michael; Sorgner, Alina; Wyrwich, Michael - 2023
entrepreneurs as compared to paid employees and particularly retirees in Germany. The analysis identifies income and health status …
Persistent link: https://www.econbiz.de/10014432474
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A head-to-head comparison of augmented wealth in Germany and the United States
Bönke, Timm; Grabka, Markus M.; Schröder, Carsten; … - 2017
and pension wealth - for two countries: the United States and Germany. Pension wealth makes up a considerable portion of … household wealth: about 48% in the United States and 61% in Germany. The higher share in Germany narrows the wealth gap between … Germany, augmented wealth (US$651,000) is only 1.4 times higher. Further, the inclusion of pension wealth in household wealth …
Persistent link: https://www.econbiz.de/10011622210