Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/202682 
Year of Publication: 
2019
Series/Report no.: 
IZA Discussion Papers No. 12336
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
This paper analyzes the role of different types of institutions, such as entrepreneurship-facilitating entry conditions, labor market regulations, quality of government, and perception of corruption for individual well-being among self-employed and paid employed individuals. Well-being is operationalized by job and life satisfaction of individuals in 32 European countries measured by data from EU Statistics on Income and Living Conditions (EU-SILC). We find that institutions never affected both occupational groups in opposite ways. Our findings indicate that labor market institutions do not play an important role well-being. The results suggest that fostering an entrepreneurial society in Europe is a welfare enhancing strategy that benefits both, the self-employed and paid employees.
Subjects: 
entrepreneurship
institutions
well-being
life satisfaction
job satisfaction
JEL: 
L26
I31
D01
D91
P51
Document Type: 
Working Paper

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