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 entrepreneurship itself plays a decisive role in shaping risk preferences. We find that becoming self-employed is indeed ...
In diesem Beitrag werden die sich längerfristig verstärkenden Ungleichgewichte auf dem Pflegearbeitsmarkt untersucht. Ausgehend von der starken Bevölkerungsalterung in den nächsten Jahrzehnten wird zunächst nach den Konsequenzen der Alterung für die künftige Zahl von Pflegebedürftigen gefragt. Determinanten des Personalbedarfs und Probleme der statistischen Erfassung wie Zuordnung zur Pflege, Fachkräfteanteil ...
Diskurse zur Zukunft der Arbeit im Pflegesektor zeichnen derzeit ein widersprüchliches Bild. Einerseits werden Wachstums- und Beschäftigungsperspektiven betont, andererseits wächst die Sorge um eine weitere Ökonomisierung und Prekarisierung von Pflegearbeit. Der vorliegende Beitrag reflektiert diesen Diskurs vor dem Hintergrund der institutionellen Arrangements der Arbeitsbeziehungen aus der Perspektive ...
Based on representative micro data for Germany, we compare the incomes of self-employed with those of wage workers. Our results show that the median self-employed entrepreneur with employees earns significantly more than the median salaried employee, while the median solo entrepreneur earns less. However, solo entrepreneurship pays for those with a university entrance degree but no further professional ...
This paper studies the bank-sovereign link in a dynamic stochastic general equilibrium set-up with strategic default on public debt. Heterogeneous banks give rise to an interbank market where government bonds are used as collateral. A default penalty arises from a breakdown of interbank intermediation that induces a credit crunch. Government borrowing under limited commitment is costly ex ante as bank ...
Previous research on unemployment and life satisfaction has focused on the effects of unemployment on individuals but neglected the effects on their partners. In the present study, we used dyadic multilevel models to analyze longitudinal data from 2,973 couples selected from a German representative panel study to examine the effects of unemployment on life satisfaction in couples over several years. ...
Using multilevel models on the German Socio‐Economic Panel Study this paper shows that disadvantaged young adults (16‐35 years old) are more affected by the business cycle than their similarly educated counterparts from more advantaged backgrounds. We propose that a disadvantaged background lowers desirability on the labour market, which matters more to employers as the labour market tightens. When ...
This paper analyzes the wage development of mothers interrupting their careers, in comparison to the wages of men who do not face a parental interruption. We estimate OLS regression models for different subcategories defined by age and point in time. We use data from the German Socioeconomic Panel from 1984 to 2011, to show that wages and the financial penalty for maternity differ according to the ...
