Types of institutions and well-being of self-employed and paid employees in Europe / Michael Fritsch (Friedrich Schiller University Jena and IWH), Alina Sorgner (John Cabot University Rome, IfW Kiel and IZA), Michael Wyrwich (University of Groningen) ; IZA Institute of Labor Economics
VerfasserFritsch, Michael ; Sorgner, Alina ; Wyrwich, Michael
KörperschaftForschungsinstitut zur Zukunft der Arbeit
ErschienenBonn, Germany : IZA Institute of Labor Economics, May 2019
Elektronische Ressource
Umfang1 Online-Ressource (43 Seiten) : Diagramme
SerieDiscussion paper ; no. 12336
 Das Dokument ist öffentlich zugänglich im Rahmen des deutschen Urheberrechts.
Types of institutions and well-being of self-employed and paid employees in Europe [1.11 mb]
Verfügbarkeit In meiner Bibliothek
Zusammenfassung (Englisch)

This paper analyzes the role of different types of institutions, such as entrepreneurshipfacilitating 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.