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Self-Employment and Well-Being Across Institutional Contexts

Author

Listed:
  • Michael Fritsch

    () (FSU Jena)

  • Alina Sorgner

    () (FSU Jena)

  • Michael Wyrwich

    (FSU Jena)

Abstract

This paper investigates whether the relationship between a person's occupational sta- tus 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 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

  • Michael Fritsch & Alina Sorgner & Michael Wyrwich, 2018. "Self-Employment and Well-Being Across Institutional Contexts," Jena Economic Research Papers 2018-005, Friedrich-Schiller-University Jena.
  • Handle: RePEc:jrp:jrpwrp:2018-005
    as

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    File URL: http://pubdb.wiwi.uni-jena.de/pdf/wp_2018_005.pdf
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    References listed on IDEAS

    as
    1. Andreas Freytag & Roy Thurik, 2007. "Entrepreneurship and its determinants in a cross-country setting," Journal of Evolutionary Economics, Springer, vol. 17(2), pages 117-131, April.
    2. repec:kap:sbusec:v:49:y:2017:i:2:d:10.1007_s11187-017-9874-6 is not listed on IDEAS
    3. Alina Sorgner & Michael Fritsch & Alexander Kritikos, 2017. "Do entrepreneurs really earn less?," Small Business Economics, Springer, vol. 49(2), pages 251-272, August.
    4. North, Douglass C, 1994. "Economic Performance through Time," American Economic Review, American Economic Association, vol. 84(3), pages 359-368, June.
    5. van Praag, B. M. S. & Frijters, P. & Ferrer-i-Carbonell, A., 2003. "The anatomy of subjective well-being," Journal of Economic Behavior & Organization, Elsevier, vol. 51(1), pages 29-49, May.
    6. Sobel, Russell S., 2008. "Testing Baumol: Institutional quality and the productivity of entrepreneurship," Journal of Business Venturing, Elsevier, vol. 23(6), pages 641-655, November.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Entrepreneurship; institutions; well-being; life satisfaction; job satisfaction;

    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 - Economic Systems - - Comparative Economic Systems - - - Comparative Analysis of Economic Systems

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