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Self-Employment and Well-Being Across Institutional Contexts

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  • 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 Economics Research Papers 2018-005, Friedrich-Schiller-University Jena.
    • Handle: RePEc:jrp:jrpwrp:2018-005
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    21. Christian Fisch & Michael Wyrwich & Thi Lanh Nguyen & Joern H. Block, 2020. "Historical institutional differences and entrepreneurship: the case of socialist legacy in Vietnam," Jena Economics Research Papers 2020-002, Friedrich-Schiller-University Jena.
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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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