@TechReport{iza:izadps:dp12336, author={Fritsch, Michael and Sorgner, Alina and Wyrwich, Michael}, title={Types of Institutions and Well-Being of Self-Employed and Paid Employees in Europe}, year={2019}, month={May}, institution={Institute of Labor Economics (IZA)}, address={Bonn}, type={IZA Discussion Paper}, number={12336}, url={https://www.iza.org/index.php/publications/dp12336}, 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. }, keywords={entrepreneurship;institutions;well-being;life satisfaction;job satisfaction}, }