Arbeitspapier
Social Capital and the Uncertainty Reduction of Self-Employment
We study the self-employed decision and its relation to human and social capital. Human capital is necessary to acquire skills. Social capital dampens the effects of uncertainty about future income. Our data set consists of 1339 respondents from the same age group, who were interviewed three times in life in 1957, 1983 and 1993. The self-employment probability equals 155 and peaks between ages 24 and 26. Duration analysis shows that social capital is the most important resource for self-employment.
- Language
-
Englisch
- Bibliographic citation
-
Series: IZA Discussion Papers ; No. 303
- Classification
-
Wirtschaft
Labor Demand
- Subject
-
Self-employment
social capital
human capital
event history
Selbstständige
Unternehmensgründung
Humankapital
Social Capital
Verdienstausfall
Schätzung
Niederlande
- Event
-
Geistige Schöpfung
- (who)
-
Blumberg, Boris F.
Pfann, Gerard A.
- Event
-
Veröffentlichung
- (who)
-
Institute for the Study of Labor (IZA)
- (where)
-
Bonn
- (when)
-
2001
- Handle
- Last update
-
05.11.2025, 1:44 PM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Blumberg, Boris F.
- Pfann, Gerard A.
- Institute for the Study of Labor (IZA)
Time of origin
- 2001
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