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Insurance, entrepreneurial start-up, and performance
Ejrnæs, Mette; Hochgürtel, Stefan - 2014
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
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Entrepreneurship, economic risks, and risk-insurance in the welfare state
Ilmakunnas, Pekka; Kanniainen, Vesa; Lammi, Uki - 1999
risks shape the equilibrium entrepreneurship in an occupational choice model. Differential social insurance of … entrepreneurial and labor risk is found to be statistically significant and detrimental to entrepreneurship. The crowding-out effect … of public production of private goods on entrepreneurship dominates the crowding-in effect of public production of public …
Persistent link: https://www.econbiz.de/10011537009