TY  - RPRT
        AU  - Falck, Oliver
AU  - Gold, Robert
AU  - Heblich, Stephan
        TI  - Lifting the Iron Curtain: School-Age Education and Entrepreneurial Intentions
        PY  - 2015/Sep/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 9373
        UR  - https://www.iza.org/publications/dp9373
        AB  - We exploit Germany's reunification to identify how school-age education affects entrepreneurial intentions. We look at university students in reunified Germany who were born before the Iron Curtain fell. During school age, all students in the West German control group received formal and informal education in a free-market economy, while East German students did or did not receive free-market education. Difference-in-differences estimations show that school-age education in a free-market economy increases entrepreneurial intentions. An event study supports the common-trends assumption. Results remain robust in matched samples and when we exploit within-student variation in occupational intentions to control for unobserved individual characteristics.
        KW  - formal education
KW  - socialism
KW  - entrepreneurship
KW  - informal education
        ER  -