Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/101844
Authors: 
Skriabikova, Olga
Dohmen, Thomas
Kriechel, Ben
Year of Publication: 
2014
Series/Report no.: 
IZA Discussion Papers 8354
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.
Subjects: 
self-employment
risk attitudes
intergenerational transmission of self-employment and risk attitudes
SOEP
ULMS
JEL: 
J24
D81
P3
Document Type: 
Working Paper

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