Arbeitspapier

Lifting the Iron Curtain: School-age Education and Entrepreneurial Intentions

We exploit Germany’s reunification to identify how school-age education affects entrepreneurial intentions. We look at university students in reunified Germany who were born before the Iron Curtain fell. During school age, all students in the West German control group received formal and informal education in a free-market economy, while East German students did or did not receive free-market education. Difference-in-differences estimations show that school-age education in a free-market economy increases entrepreneurial intentions. An event study supports the common-trends assumption. Results remain robust in matched samples and when we exploit within-student variation in occupational intentions to control for unobserved individual characteristics.

Language
Englisch

Bibliographic citation
Series: CESifo Working Paper ; No. 5540

Classification
Wirtschaft
Entrepreneurship
Analysis of Education
Human Capital; Skills; Occupational Choice; Labor Productivity
Socialist Institutions and Their Transitions: General
Subject
entrepreneurship
socialism
formal education
informal education

Event
Geistige Schöpfung
(who)
Falck, Oliver
Gold, Robert
Heblich, Stephan
Event
Veröffentlichung
(who)
Center for Economic Studies and ifo Institute (CESifo)
(where)
Munich
(when)
2015

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Falck, Oliver
  • Gold, Robert
  • Heblich, Stephan
  • Center for Economic Studies and ifo Institute (CESifo)

Time of origin

  • 2015

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