%0 Report
        %A Skriabikova, Olga
%A Dohmen, Thomas
%A Kriechel, Ben
        %T New Evidence on the Relationship between Risk Attitudes and Self-Employment
        %D 2014
        %8 2014 Jul
        %I Institute of Labor Economics (IZA)
        %C Bonn
        %7 IZA Discussion Paper
        %N 8354
        %U https://www.iza.org/publications/dp8354
        %X This paper analyses the impact of risk attitudes on the decision to become self-employed among individuals who grew up under the communist regime in Ukraine, which banned self-employment so that individuals could not observe what it is like to be self-employed. Since the intra-family transmission of self-employment experiences was largely shut down, the observed correlation between risk preferences and self-employment after transition is unlikely to be driven by parents transmitting self-employment experience and risk preferences to their children. Robustness checks on a sample of East Germans confirm that such a third factor explanation is implausible, thus shedding light on the causal nature of the relation between risk preferences and the decision to become self-employed.
        %K ULMS
%K risk attitudes
%K self-employment
%K intergenerational transmission of self-employment and risk attitudes
%K SOEP