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SOEPpapers 1108 / 2020
We investigate how the economic consequences of the pandemic, and of the government-mandated measures to contain its spread, affected the self-employed relative to employed individuals in Germany and, secondly, to what extent the female self-employed were more strongly hit than their male counterparts. For our analysis, we use representative real-time survey data in which respondents were asked about ...
2020| Daniel Graeber, Alexander S. Kritikos, Johannes Seebauer
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SOEPpapers 755 / 2015
The tertiarization, or perhaps more accurately, the deindustrialization of the economy has left deep scars on cities. It is evident not only in the industrial wastelands and empty factory buildings scattered throughout the urban landscape, but also in the income and social structures of cities. Industrialization, collective wage setting and the welfare state led to a stark reduction in income differences ...
2015| Jan Goebel, Martin Gornig
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SOEPpapers 666 / 2014
Up to now in the social sciences, what is known as citizen science—the involvement of interested citizens in scientific surveys—has been used relatively little as a method of empirical social research. While the “citizens’ dialogues” that are becoming more widespread in politics can be considered a kind of social scientific citizen science, the participants in these dialogues are not selected randomly ...
2014| Gert G. Wagner, Michaela Engelmann, Jan Goebel, Florian Griese, Marcel Hebing, Janine Napieraj, Marius Pahl, Carolin Stolpe, Monika Wimmer, Alexander Eickelpasch, Jürgen Schupp
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SOEPpapers 456 / 2012
Drawing on representative household data from the German Socio-Economic Panel, we examine the role of an early precursor of entrepreneurial development - parental role models - for the individual decision to become self-employed in the post-unified Germany. The findings suggest that the socialist regime significantly damaged this mechanism of an intergenerational transmission of entrepreneurial attitudes ...
2012| Michael Fritsch, Alina Rusakova
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SOEPpapers 343 / 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 also perform the analysis for different types of professions, namely, those classified as being in the "creative ...
2010| Michael Fritsch, Alina Rusakova
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SOEPpapers 224 / 2009
This study questions the popular stereotype that women are more risk averse than men in their financial investment decisions. The analysis is based on micro-level data from large-scale surveys of private households in five European countries. In our analysis of investment decisions, we directly account for individuals' self-perceivedwillingness to take financial risks. The empirical evidence we provide ...
2009| Oleg Badunenko, Nataliya Barasinska, Dorothea Schäfer
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SOEPpapers 117 / 2008
This paper explores the relationship between risk attitude and asset diversification in household portfolios. We first examine the impact of manifested risk aversion on the total number of distinct assets held in a portfolio (naive diversification). The second part of the paper focuses on a more sophisticated strategy of diversification and asks whether financial theory is compatible with observed ...
2008| Nataliya Barasinska, Dorothea Schäfer, Andreas Stephan
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FINESS Working Papers 6.3 / 2010
This study investigates whether gender discrimination is taking place in an innovative credit market known as peer-to-peer lending. Based on the data of the largest German peer-to-peer lending platform, we observe that female borrowers pay on average higher interest rates than males despite the fact that the two gender groups do not differ with respect to their credit risk. Our analysis shows however ...
2010| Nataliya Barasinska, Dorothea Schäfer
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FINESS Working Papers 6.2 / 2010
This study appraises the role of gender in the behavior of individuals who make risky investments. The analysis bases on real-life investment data collected at an online market for peer-to-peer lending. The aim is to find out whether male and female investors differ in propensity for risk taking and performance of investments. Contrary to most existing studies, I find no evidence for gender differences. ...
2010| Nataliya Barasinska
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FINESS Working Papers 3.3 / 2010
The paper investigates whether the presence and tenure of Private Equity (PE) investment in European companies improves their performance. Previous studies documented the unambiguous merit of a buyout during the 1980s and 1990s for listed firms in the US and UK markets. This study analyzes such influences in both listed and unlisted European firms during 2002-2007. Our analysis suggests that short-term ...
2010| Oleg Badunenko, Christopher F. Baum, Dorothea Schäfer