Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/204606
Authors: 
Fritsch, Michael
Sorgner, Alina
Wyrwich, Michael
Year of Publication: 
2019
Series/Report no.: 
Jena Economic Research Papers No. 2019-002
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 selfemployed 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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