Konferenzbeitrag
Financial Literacy and Self-Employment
In this paper we study the relationship between financial literacy and self-employment. We use established financial knowledge-based questions to measure financial literacy levels. The analysis shows a highly significant correlation between self-employment and financial literacy scores. To investigate the impact of financial literacy on being self-employed, we apply instrumental variable techniques based on information on economic education before entering the labour market and education of parents. Our results reveal that financial literacy positively affects the probability of being self-employed. As financial literacy is acquirable, findings suggest that entrepreneurial activities may be raised via enhancing financial knowledge.
- Language
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Englisch
- Bibliographic citation
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Series: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2016: Demographischer Wandel - Session: Applied Microeconomics II ; No. F01-V3
- Classification
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Wirtschaft
Economic Education and Teaching of Economics: General
Human Capital; Skills; Occupational Choice; Labor Productivity
- Event
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Geistige Schöpfung
- (who)
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Cumurovic, Aida
Hyll, Walter
- Event
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Veröffentlichung
- (who)
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
- (where)
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Kiel und Hamburg
- (when)
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2016
- Handle
- Last update
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10.03.2025, 11:45 AM CET
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
- Konferenzbeitrag
Associated
- Cumurovic, Aida
- Hyll, Walter
- ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
Time of origin
- 2016
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Intergenerational mobility in self-employment: a regional approach
Roots of Financial Literacy
Self-employment dynamics in rural and urban labour markets
Entrepreneurship versus Joblessness - Explaining the Rise in Self-Employment
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Financial literacy and financial behavior: Do women lag behind?
Financial Literacy and Self-employment
Financial Literacy and Self-employment
The role of Culture on Self-Employment
Public health insurance and entry into self-employment
Gender Differences in Self-Employment in Finnish Regions
Self-employment duration in urban and rural locations
Intergenerational mobility in self-employment: a regional approach
Roots of Financial Literacy
Self-employment dynamics in rural and urban labour markets
Entrepreneurship versus Joblessness - Explaining the Rise in Self-Employment
Explaining regional differences in self-employment rates in Spain.
Financial literacy and financial behavior: Do women lag behind?
Financial Literacy and Self-employment
Financial Literacy and Self-employment
The role of Culture on Self-Employment
Public health insurance and entry into self-employment
Gender Differences in Self-Employment in Finnish Regions
Self-employment duration in urban and rural locations
Intergenerational mobility in self-employment: a regional approach
Roots of Financial Literacy
Self-employment dynamics in rural and urban labour markets
Entrepreneurship versus Joblessness - Explaining the Rise in Self-Employment
Explaining regional differences in self-employment rates in Spain.