Types of institutions and well-being of self-employed and paid employees in Europe

"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 oper...

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Bibliographic Details
Main Authors: Fritsch, Michael, Sorgner, Alina, Wyrwich,Michael
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Bonn 2019
IZA
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19308460124911266429-Types-of-institutions-and-well.htm
Description
Summary:"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."
Physical Description:43 p.
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