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Autor:innen: 
Erscheinungsjahr: 
2014
Schriftenreihe/Nr.: 
Diskussionsbeiträge No. 2014/26
Verlag: 
Freie Universität Berlin, Fachbereich Wirtschaftswissenschaft, Berlin
Zusammenfassung: 
German panel data is used to show that the decrease in life satisfaction caused by an increase in the probability of losing work is higher when self-employed than when paid employed. Further estimations reveal that becoming unemployed reduces self-employed workers´ satisfaction considerably more than salaried workers´ satisfaction. These results indicate that losing self-employment is an even more harmful life event than losing dependent employment. Monetary and non-monetary reasons seem to account for the difference between the two types of work. Moreover, it originates from the process of losing self-employment and the consequences of unemployment rather than from advantages of self-employment.
Schlagwörter: 
life satisfaction
self-employment
probability of losing work
unemployment
JEL: 
I31
J24
J65
L26
Dokumentart: 
Working Paper

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