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Self-employment and well-being across institutional contexts

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  • Fritsch, Michael
  • Sorgner, Alina
  • Wyrwich, Michael

Abstract

This paper investigates whether the relationship between a person's occupational status and well-being differs across countries with varying institutional contexts. We find that the relationship between job and life satisfaction of self-employed people as well as of paid employees varies considerably across countries. Our results indicate that entrepreneurship-friendly institutions in a country are conducive to the well-being of those who are self-employed. Remarkably, the quality of entrepreneurial institutions also increases the levels of well-being of paid employees, but the effect is more pronounced for the self-employed.

Suggested Citation

  • Fritsch, Michael & Sorgner, Alina & Wyrwich, Michael, 2019. "Self-employment and well-being across institutional contexts," Journal of Business Venturing, Elsevier, vol. 34(6).
    • Handle: RePEc:eee:jbvent:v:34:y:2019:i:6:s0883902618305858
    DOI: 10.1016/j.jbusvent.2019.105946
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    More about this item

    Keywords

    Entrepreneurship; Institutions; Well-being; Life satisfaction; Job satisfaction;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
    • P51 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Analysis of Economic Systems

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