TY  - RPRT
        AU  - Fackler, Daniel
AU  - Hölscher, Lisa
AU  - Schnabel, Claus
AU  - Weyh, Antje
        TI  - Does Working at a Start-Up Pay Off?
        PY  - 2020/Mar/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 13033
        UR  - https://www.iza.org/publications/dp13033
        AB  - Using representative linked employer-employee data for Germany, this paper analyzes short- and long-run differences in labor market performance of workers joining startups instead of incumbent firms. Applying entropy balancing and following individuals over ten years, we find huge and long-lasting drawbacks from entering a start-up in terms of wages, yearly income, and (un)employment. These disadvantages hold for all groups of workers and types of start-ups analyzed. Although our analysis of different subsequent career paths highlights important heterogeneities, it does not reveal any strategy through which workers joining start-ups can catch up with the income of similar workers entering incumbent firms.
        KW  - wages
KW  - young firms
KW  - startups
KW  - linked employer-employee data
        ER  -