 New evidence on the relationship between risk attitudes and self-employmentOlga Skriabikova, Thomas Dohmen and Ben Kriechel Labour Economics, 2014, vol. 30, issue C, 176-184 Abstract: This paper analyses the impact of risk attitudes on the decision to become self-employed among individuals who grew up under the communist regime in Ukraine, which banned self-employment so that individuals could not observe what it is like to be self-employed. Since the intra-family transmission of self-employment experiences was largely shut down, the observed correlation between risk preferences and self-employment after transition is unlikely to be driven by parents transmitting self-employment experience and risk preferences to their children. Robustness checks on a sample of East Germans confirm that such a third factor explanation is implausible, thus shedding light on the causal nature of the relation between risk preferences and the decision to become self-employed. Keywords: Self-employment; Risk attitudes; Intergenerational transmission of self-employment and risk attitudes; SOEP; ULMS (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:labeco:v:30:y:2014:i:c:p:176-184 DOI: 10.1016/j.labeco.2014.04.003 Access Statistics for this article Labour Economics is currently edited by A. Ichino More articles in Labour Economics from Elsevier |
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