Arbeitspapier
On the misery of losing self-employment
German Socio-Economic Panel data is used to show that the decrease in life satisfaction caused by an increase in the probability of losing work is higher when self-employed than when paid employed. Further estimations reveal that becoming unemployed reduces self-employed workers' satisfaction considerably more than salaried workers' satisfaction. These results indicate that losing self-employment is an even more harmful life event than losing dependent employment. Monetary and non-monetary reasons seem to account for the difference between the two types of work. Moreover, it originates from the process of losing self-employment and the consequences of unemployment rather than from advantages of self-employment.
- Sprache
-
Englisch
- Erschienen in
-
Series: SOEPpapers on Multidisciplinary Panel Data Research ; No. 699
- Klassifikation
-
Wirtschaft
General Welfare; Well-Being
Human Capital; Skills; Occupational Choice; Labor Productivity
Unemployment Insurance; Severance Pay; Plant Closings
Entrepreneurship
- Thema
-
life satisfaction
self-employment
probability of losing work
Unemployment
SOEP
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Hetschko, Clemens
- Ereignis
-
Veröffentlichung
- (wer)
-
Deutsches Institut für Wirtschaftsforschung (DIW)
- (wo)
-
Berlin
- (wann)
-
2014
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Hetschko, Clemens
- Deutsches Institut für Wirtschaftsforschung (DIW)
Entstanden
- 2014
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