Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/178356 
Year of Publication: 
2015
Citation: 
[Journal:] Journal for Labour Market Research [ISSN:] 2510-5027 [Volume:] 48 [Issue:] 4 [Publisher:] Springer [Place:] Heidelberg [Year:] 2015 [Pages:] 287-303
Publisher: 
Springer, Heidelberg
Abstract: 
Empirical analyses using cross-sectional and panel data found significantly higher levels of job satisfaction for the self-employed than for employees. We argue that by neglecting anticipation and adaptation effects estimates in previous studies might be misleading. To test this, we specify models accounting for anticipation and adaptation to self-employment and general job changes. In contrast to recent literature we find no specific long-term effect of self-employment on job satisfaction. Accounting for anticipation and adaptation to job changes in general, which includes changes between employee jobs, reduces the effect of self-employment on job satisfaction by two-thirds. When controlling for anticipation and adaptation to job changes, we find a positive anticipation effect of self-employment and a positive effect of self-employment on job satisfaction in the first years of self-employment. After 3 years, adaptation eliminates the higher satisfaction of being self-employed. According to our results, previous studies overestimate the positive long-term effects of self-employment on job satisfaction.
Subjects: 
Arbeitszufriedenheit - Determinanten
berufliche Selbständigkeit
Arbeitsplatzwechsel
Beschäftigungsdauer
JEL: 
J23
J28
J81
Persistent Identifier of the first edition: 
Document Type: 
Article

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