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On Preferences for Being Self-Employed

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  • Nicola Fuchs-Schuendeln

    (Harvard University)

Abstract

higher job satisfaction than the employed, even after controlling for income and hours worked. However, there is a large amount of heterogeneity in this effect: while “independent types” experience a large increase in job satisfaction from being self-employed, “hierarchical types” even experience a decrease.

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Bibliographic Info

Paper provided by Society for Economic Dynamics in its series 2008 Meeting Papers with number 634.

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Date of creation: 2008
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Handle: RePEc:red:sed008:634

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  1. Ada Ferrer-i-Carbonell & Paul Frijters, 2002. "How important is Methodology for the Estimates of the Determinants of Happiness?," Tinbergen Institute Discussion Papers, Tinbergen Institute 02-024/3, Tinbergen Institute.
  2. Bruno S. Frey & Alois Stutzer, . "What can Economists Learn from Happiness Research?," IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich 080, Institute for Empirical Research in Economics - University of Zurich.
  3. Parker,Simon C., 2004. "The Economics of Self-Employment and Entrepreneurship," Cambridge Books, Cambridge University Press, Cambridge University Press, number 9780521828130.
  4. Clark, Andrew E. & Diener, Ed & Georgellis, Yannis & Lucas, Richard E., 2006. "Lags and Leads in Life Satisfaction: A Test of the Baseline Hypothesis," IZA Discussion Papers 2526, Institute for the Study of Labor (IZA).
  5. Bruno S. Frey & Alois Stutzer, . "Economic Consequences of Mispredicting Utility," IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich 218, Institute for Empirical Research in Economics - University of Zurich.
  6. Fuchs-Schundeln, Nicola & Alesina, Alberto, 2007. "Good-Bye Lenin (Or Not?): The Effect of Communism on People's Preferences," Scholarly Articles 4553032, Harvard University Department of Economics.
  7. Roland Bénabou & Jean Tirole, 2003. "Intrinsic and Extrinsic Motivation," Review of Economic Studies, Oxford University Press, vol. 70(3), pages 489-520.
  8. Bruno S. Frey & Matthias Benz, . "Being Independent is a Great Thing: Subjective Evaluations of Self-Employment and Hierarchy," IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich 135, Institute for Empirical Research in Economics - University of Zurich.
  9. Ng, Yew-Kwang, 1997. "A Case for Happiness, Cardinalism, and Interpersonal Comparability," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 107(445), pages 1848-58, November.
  10. Ernst Fehr & Armin Falk, 2002. "Psychological Foundations of Incentives," CESifo Working Paper Series, CESifo Group Munich 714, CESifo Group Munich.
  11. Blanchflower, David G. & Oswald, Andrew & Stutzer, Alois, 2001. "Latent entrepreneurship across nations," European Economic Review, Elsevier, Elsevier, vol. 45(4-6), pages 680-691, May.
  12. Barton H. Hamilton, 2000. "Does Entrepreneurship Pay? An Empirical Analysis of the Returns to Self-Employment," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 108(3), pages 604-631, June.
  13. Blanchflower, David G & Oswald, Andrew J, 1998. "What Makes an Entrepreneur?," Journal of Labor Economics, University of Chicago Press, University of Chicago Press, vol. 16(1), pages 26-60, January.
  14. Paul Frijters & John P. Haisken-DeNew & Michael A. Shields, 2004. "Money Does Matter! Evidence from Increasing Real Income and Life Satisfaction in East Germany Following Reunification," American Economic Review, American Economic Association, American Economic Association, vol. 94(3), pages 730-740, June.
  15. Sendhil Mullainathan & Marianne Bertrand, 2001. "Do People Mean What They Say? Implications for Subjective Survey Data," American Economic Review, American Economic Association, American Economic Association, vol. 91(2), pages 67-72, May.
  16. Bruno S. Frey & Matthias Benz & Alois Stutzer, 2003. "Introducing Procedural Utility: Not only What, but also How Matters," CREMA Working Paper Series, Center for Research in Economics, Management and the Arts (CREMA) 2003-02, Center for Research in Economics, Management and the Arts (CREMA).
  17. János Kornai, 2006. "The great transformation of central and eastern Europe: success and disappointment," Politická ekonomie, University of Economics, Prague, University of Economics, Prague, vol. 2006(4), pages 435-466.
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Cited by:
  1. Martin Binder & Alex Coad, 2010. "Life satisfaction and self-employment: A matching approach," Papers on Economics and Evolution 2010-20, Philipps University Marburg, Department of Geography.
  2. Frank M. Fossen, 2012. "Risk Attitudes and Private Business Equity," Discussion Papers of DIW Berlin 1209, DIW Berlin, German Institute for Economic Research.
  3. Wim Naudé & José Ernesto Amorós & Oscar Cristi, 2011. "‘Surfeiting, The Appetite May Sicken’: Entrepreneurship and the Happiness of Nations," Working Papers, Maastricht School of Management 2011/07, Maastricht School of Management.
  4. Uwe Jirjahn & Jens Mohrenweiser, 2013. "Active Owners and the Failure of Newly Adopted Works Councils," Research Papers in Economics, University of Trier, Department of Economics 2013-04, University of Trier, Department of Economics.
  5. Zoë Kuehn, 2010. "Migration, wages, and parental background: Obstacles to entrepreneurship and growth in East Germany," Working Papers, Instituto Madrileño de Estudios Avanzados (IMDEA) Ciencias Sociales 2010-08, Instituto Madrileño de Estudios Avanzados (IMDEA) Ciencias Sociales, revised 01 Sep 2011.
  6. Stefan Schneck, 2012. "Revisiting Procedural Utility: Evidence from European Survey Data," EconStor Preprints, ZBW - German National Library of Economics 57929, ZBW - German National Library of Economics.

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