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-friendly institutions in a country are conducive to the well -being of self -employed. Remarkably, the quality of … entrepreneurial institutions also increases the levels of well -being of paid employees, but the effect is more pronounced for the …
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We use the historical self-employment rate as an indicator of a regional culture of entrepreneurship and link this measure to economic growth in recent periods. The results indicate that German regions with a high level of entrepreneurship in the mid- 1920s have higher start-up rates about 80...
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