have high rates of unemployment relative to wage employment, and that self-employment is particularly high where the … unemployment-wage employment ratio is high. I interpret high unemployment-employment ratios as evidence of labor market frictions … labor market frictions can explain almost the entire variation in not only unemployment, but also wage employment and self …

mostly explained by the higher unemployment rate during a recession, together with the fact that at all times, unemployed … persons have a relatively high propensity to become entrepreneurs out of necessity because they do not find paid employment. I … entry strongly applies to unincorporated entrepreneurship, but only weakly to incorporated entrepreneurship. This highlights …

shaped by industry-specific constraints. The human- and financial-capital endowments of potential entrepreneurs entering … credentials of highly educated potential entrepreneurs, in particular, predict avoidance of small-firm ownership in some … enter entrepreneurship, we find that the conventional practice of conflating different industry types in empirical analyses …

employee, while the median solo entrepreneur earns less. However, solo entrepreneurship pays for those with a university … entrance degree but no further professional qualification as well as for those who were in the upper percentiles of the income … distribution in their previous salaried job. Surprisingly, the variation in hourly incomes of solo entrepreneurs is higher than …

We extend Lazear's theory of skills variety and entrepreneurship in three directions. First, we provide a theoretical … that entrepreneurs with more varied work experience are more likely to introduce innovations that have not only technical …, but also commercial value. Our findings support the notion that entrepreneurship can be learned. …

permanent effects? Due to the pronounced heterogeneity among new entrepreneurs, it is important to distinguish between those … aimed at stimulating opportunity entrepreneurship versus active labor-market policies supporting self-employment as a way … out of unemployment. Based on 84 waves of quarterly microdata from the Spanish Labor Force Survey, we create time series …

who started from non-unemployment and did not receive the subsidy. The data allows us to analyze their business …

entrepreneurs as compared to paid employees and particularly retirees in Germany. The analysis identifies income and health status … as main factors that shape the relationship between occupational status and life satisfaction. Senior entrepreneurs enjoy … their higher income. Physical and mental health play a crucial role in determining both an individual's occupational status …

Theory predicts that entrepreneurs have distinct attitudes towards risk and uncertainty, but empirical evidence is … mixed. To better understand the unique behavioral characteristics of entrepreneurs and the causes of these mixed results, we … perform a large "ab-in-the-field" experiment comparing entrepreneurs to managers - a suitable comparison group - and employees …