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The majority of empirical studies makes 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 ...
Berlin:
DIW Berlin,
2014,
(SOEPpapers 667)
| Matthias Brachert, Walter Hyll
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Empirical studies use the assumption of stability in individual risk attitudes when searching for a relationship between attitude to risk and the decision to become and survive as an entrepreneur. We show that risk attitudes do not remain stable but face endogenous adaption when starting a new business. This adaption is associated with entrepreneurial survival. The results show that entrepreneurs with ...
Berlin:
DIW Berlin,
2014,
(SOEPpapers 701)
| Matthias Brachert, Walter Hyll, Mirko Titze
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We consider the simultaneity bias when examining the effect of individual risk attitudes on entrepreneurship. We demonstrate that entry into self-employment is related to changes in risk attitudes. We further show that these changes are correlated with the probability to remain in entrepreneurship.
In:
Applied Economics Letters
24 (2017), 7, 477-480
| Matthias Brachert, Walter Hyll, Mirko Titze
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In:
Allgemeines Statistisches Archiv (ASTA)
80 (1996), 3, 285-298
| Klaus Brachmann, Andreas Stich, Mark Trede
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Luxemburg:
Luxembourg Income Study (LIS),
1993,
(Luxembourg Income Study Working Paper No. 90)
| Bruce Bradbury
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In:
Janet C. Gornick, Markus Jäntti ,
Income Inequality: Economic Disparities and the Middle Class in Affluent Countries
Stanford: Stanford University Press
334-361
| Bruce Bradbury
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Florence:
UNICEF International Child Development Centre,
1999,
(Innocenti Occasional Papers - Economic and Social Policy Series No. 71)
| Bruce Bradbury, Markus Jäntti
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In:
Bruce Bradbury, Stephen P. Jenkins, John Micklewright ,
The Dynamics of Child Poverty in Industrialised Countries
Cambridge: Cambridge University Press
62-912
| Bruce Bradbury, Markus Jäntti
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In:
Bruce Bradbury, Stephen P. Jenkins, John Micklewright ,
The Dynamics of Child Poverty in Industrialised Countries
Cambridge: Cambridge University Press
92-132
| Bruce Bradbury, Stephen P. Jenkins, John Micklewright
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Long considered the classic coordinated market economy featuring employment security and relatively little employment precarity, the German labor market has undergone profound changes in recent decades. We assess the evidence for a rise in precarious employment in Germany from 1984 to 2013. Using data from the German Socio-Economic Panel (SOEP) through the Luxembourg Income Study, we examine low-wage ...
In:
Arne L. Kalleberg, Steven P. Vallas ,
Precarious Employment (Research in the Sociology of Work, Volume 31)
New Milford: Emerald
245-271
| David Brady, Thomas Biegert