- A-Z
- Jena Economic Resea...
- Volume 13
- Types of Institutio...
- Autor(in)
- Erschienen
- 2. Mai 2019
- Nummer des Discussion-Papers
-
2019-002
- Schlagwort(e)
-
Entrepreneurship
institutions
job satisfaction
life satisfaction
well-being
- Zusammenfsg.
-
This paper analyzes the role of different types of institutions, such as entre- preneurship-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 im- portant 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.
- article pub. typess JER
- Research article
- article languages JER
- Englisch
- JEL-Classification for JER
- L26 - Entrepreneurship ; I31 - General Welfare ; D01 - Microeconomic Behavior: Underlying Principles ; D91 - Intertemporal Consumer Choice; Life Cycle Models and Saving ; P51 - Comparative Analysis of Economic Systems