@article{CaliendoFossenKritikos2014, author = {Caliendo, Marco and Fossen, Frank and Kritikos, Alexander}, title = {Personality characteristics and the decisions to become and stay self-employed}, series = {Small business economics : an international journal}, volume = {42}, journal = {Small business economics : an international journal}, number = {4}, publisher = {Springer}, address = {Dordrecht}, issn = {0921-898X}, doi = {10.1007/s11187-013-9514-8}, pages = {787 -- 814}, year = {2014}, abstract = {Based on a large, representative German household panel, we investigate to what extent the personality of individuals influences the entry decision into and the exit decision from self-employment. We reveal that some traits, such as openness to experience, extraversion, and risk tolerance affect entry, but different ones, such as agreeableness or different parameter values of risk tolerance, affect exit from self-employment. Only locus of control has a similar influence on the entry and exit decisions. The explanatory power of all observed traits among all observable variables amounts to 30 \%, with risk tolerance, locus of control, and openness having the highest explanatory power.}, language = {en} } @article{CaliendoKuenn2014, author = {Caliendo, Marco and Kuenn, Steffen}, title = {Regional effect heterogeneity of start-up subsidies for the unemployed}, series = {Regional studies}, volume = {48}, journal = {Regional studies}, number = {6}, publisher = {Routledge, Taylor \& Francis Group}, address = {Abingdon}, issn = {0034-3404}, doi = {10.1080/00343404.2013.851784}, pages = {1108 -- 1134}, year = {2014}, abstract = {Sin embargo, todavia no se han analizado los efectos potencialmente heterogeneos de los programas para proyectos empresariales en los diferentes mercados laborales de ambito regional. Las restricciones en la demanda de empleo en areas mas desfavorecidas generalmente hacen aumentar el numero de personas que aprovechan estos programas porque las ofertas laborales son limitadas. Sin embargo, la supervivencia de empresas en estas areas es tambien mas baja, de modo que sigue sin estar claro el efecto general. Basandonos en datos alemanes, observamos que el proceso de creacion, el desarrollo de negocios y la eficacia de los programas estan influenciados por las condiciones economicas imperantes en el momento de la creacion de la empresa.}, language = {en} }