TY - JOUR A1 - Caliendo, Marco A1 - Fossen, Frank M. A1 - Kritikos, Alexander A1 - Wetter, Miriam T1 - The Gender Gap in Entrepreneurship: Not just a Matter of Personality JF - CESifo economic studies : a joint initiative of Ludwig-Maximilians-Universität and Ifo Institute for Economic Research N2 - Why do entrepreneurship rates differ so markedly by gender? Using data from a large representative German household panel, we investigate to what extent personality traits, human capital, and the employment history influence the start-up decision and can explain the gender gap in entrepreneurship. Applying a decomposition analysis, we observe that the higher risk aversion among women explains a large share of the entrepreneurial gender gap. We also find an education effect contributing to the gender difference. In contrast, the Big Five model and the current employment state have effects in the opposite direction, meaning that the gender gap in entrepreneurial entry would be even larger if women had the same scores and the same employment status as men. (JEL codes: L26, J16, D81, J24, M13). KW - entrepreneurship KW - gender gap KW - personality KW - decomposition analysis Y1 - 2015 U6 - https://doi.org/10.1093/cesifo/ifu023 SN - 1610-241X SN - 1612-7501 VL - 61 IS - 1 SP - 202 EP - 238 PB - Oxford Univ. Press CY - Oxford ER - TY - GEN A1 - Caliendo, Marco A1 - Hogenacker, Jens T1 - The German labor market after the Great Recession BT - successful reforms and future challenges T2 - Postprints der Universität Potsdam : Wirtschafts- und Sozialwissenschaftliche Reihe N2 - The reaction of the German labor market to the Great Recession 2008/09 was relatively mild – especially compared to other countries. The reason lies not only in the specific type of the recession – which was favorable for the German economy structure – but also in a series of labor market reforms initiated between 2002 and 2005 altering, inter alia, labor supply incentives. However, irrespective of the mild response to the Great Recession, there are a number of substantial future challenges the German labor market will soon have to face. Female labor supply still lies well below that of other countries and a massive demographic change over the next 50 years will have substantial effects on labor supply as well as the pension system. In addition, due to a skill-biased technological change over the next decades, firms will face problems of finding employees with adequate skills. The aim of this paper is threefold. First, we outline why the German labor market reacted in such a mild fashion, describe current economic trends of the labor market in light of general trends in the European Union, and reveal some of the main associated challenges. Thereafter, the paper analyzes recent reforms of the main institutional settings of the labor market which influence labor supply. Finally, based on the status quo of these institutional settings, the paper gives a brief overview of strategies to combat adequately the challenges in terms of labor supply and to ensure economic growth in the future. T3 - Zweitveröffentlichungen der Universität Potsdam : Wirtschafts- und Sozialwissenschaftliche Reihe - 129 KW - unemployment KW - labor force participation KW - Labor supply KW - benefit systems KW - public policy Y1 - 2020 U6 - http://nbn-resolving.de/urn/resolver.pl?urn:nbn:de:kobv:517-opus4-435195 SN - 1867-5808 IS - 129 ER - TY - JOUR A1 - Caliendo, Marco A1 - Fossen, Frank A1 - Kritikos, Alexander T1 - The impact of risk attitudes on entrepreneurial survival N2 - Risk attitudes influence the complete life cycle of entrepreneurs. Whereas recent research underpins the theoretical proposition of a positive correlation between risk attitudes and the decision to become self-employed, the effects on survival are not as straightforward. Psychological research posits an inverse U-shaped relationship between risk attitudes and entrepreneurial survival. On the basis of experimentally validated data of the German Socio-Economic Panel (SOEP), we examine the extent to which risk attitudes influence survival rates in self-employment in Germany. The empirical results confirm that persons whose risk attitudes are in the medium range survive significantly longer as entrepreneurs than do persons with particularly low or high risk attitudes. Y1 - 2010 UR - http://www.sciencedirect.com/science/journal/01672681 U6 - https://doi.org/10.1016/j.jebo.2010.02.012 SN - 0167-2681 ER - TY - JOUR A1 - Burauel, Patrick F. A1 - Caliendo, Marco A1 - Grabka, Markus M. A1 - Obst, Cosima A1 - Preuss, Malte A1 - Schröder, Carsten A1 - Shupe, Cortnie T1 - The impact of the German minimum wage on individual wages and monthly warnings JF - Jahrbücher für Nationalökonomie und Statistik = Journal of economics and statistics N2 - This paper evaluates the short-run impact of the introduction of a statutory minimum wage in Germany on the hourly wages and monthly earnings of workers targeted by the reform. We first provide detailed descriptive evidence of changes to the wage structure in particular at the bottom of the distribution and distinguish between trends for regularly employed and marginally employed workers. In the causal analysis, we then employ a differential trend adjusted difference-in-differences (DTADD) strategy to identify the extent to which these changes in wages and earnings can be attributed to the minimum wage introduction. We find that the minimum wage introduction can account for hourly wage growth in the order of roughly 6.5 % or (sic)0.45/hour and an increase in monthly earnings of 6.6 % or (sic)53/month. Despite finding wage growth at the bottom of the distribution, the paper documents widespread non-compliance with the mandated wage floor of (sic)8.50/hour. KW - minimum wage KW - wage and earnings structure KW - inequality Y1 - 2020 U6 - https://doi.org/10.1515/jbnst-2018-0077 SN - 0021-4027 SN - 2366-049X VL - 240 IS - 2-3 SP - 201 EP - 231 PB - De Gruyter CY - Berlin ER - TY - RPRT A1 - Caliendo, Marco A1 - Kritikos, Alexander A1 - Stier, Claudia T1 - The Influence of Start-up Motivation on Entrepreneurial Performance T2 - CEPA Discussion Papers N2 - Predicting entrepreneurial development based on individual and business-related characteristics is a key objective of entrepreneurship research. In this context, we investigate whether the motives of becoming an entrepreneur influence the subsequent entrepreneurial development. In our analysis, we examine a broad range of business outcomes including survival and income, as well as job creation, expansion and innovation activities for up to 40 months after business formation. Using self-determination theory as conceptual background, we aggregate the start-up motives into a continuous motivational index. We show – based on a unique dataset of German start-ups from unemployment and non-unemployment – that the later business performance is better, the higher they score on this index. Effects are particularly strong for growth oriented outcomes like innovation and expansion activities. In a next step, we examine three underlying motivational categories that we term opportunity, career ambition, and necessity. We show that individuals driven by opportunity motives perform better in terms of innovation and business expansion activities, while career ambition is positively associated with survival, income, and the probability of hiring employees. All effects are robust to the inclusion of a large battery of covariates that are proven to be important determinants of entrepreneurial performance. T3 - CEPA Discussion Papers - 59 KW - Entrepreneurship KW - Push and Pull Theories KW - Start-up Motivation KW - Survival KW - Job Creation KW - Firm Growth KW - Innovation Y1 - 2022 U6 - http://nbn-resolving.de/urn/resolver.pl?urn:nbn:de:kobv:517-opus4-571152 SN - 2628-653X IS - 59 ER - TY - JOUR A1 - Caliendo, Marco A1 - Kritikos, Alexander A1 - Stier, Claudia T1 - The influence of start-up motivation on entrepreneurial performance JF - Small business economics N2 - Predicting entrepreneurial development based on individual and business-related characteristics is a key objective of entrepreneurship research. In this context, we investigate whether the motives of becoming an entrepreneur influence the subsequent entrepreneurial development. In our analysis, we examine a broad range of business outcomes including survival and income, as well as job creation, and expansion and innovation activities for up to 40 months after business formation. Using the self-determination theory as conceptual background, we aggregate the start-up motives into a continuous motivational index. We show – based on a unique dataset of German start-ups from unemployment and non-unemployment – that the later business performance is better, the higher they score on this index. Effects are particularly strong for growth-oriented outcomes like innovation and expansion activities. In a next step, we examine three underlying motivational categories that we term opportunity, career ambition, and necessity. We show that individuals driven by opportunity motives perform better in terms of innovation and business expansion activities, while career ambition is positively associated with survival, income, and the probability of hiring employees. All effects are robust to the inclusion of a large battery of covariates that are proven to be important determinants of entrepreneurial performance. KW - entrepreneurship KW - push and pull theories KW - start-up motivation KW - survival KW - job creation KW - firm growth KW - innovation Y1 - 2023 U6 - https://doi.org/10.1007/s11187-022-00722-6 SN - 0921-898X SN - 1573-0913 VL - 61 SP - 869 EP - 889 PB - Springer Science+Business Media CY - Dordrecht ER - TY - RPRT A1 - Caliendo, Marco A1 - Künn, Steffen A1 - Mahlstedt, Robert T1 - The Intended and Unintended Effects of Promoting Labor Market Mobility T2 - CEPA Discussion Papers N2 - Subsidizing the geographical mobility of unemployed workers may improve welfare by relaxing their financial constraints and allowing them to find jobs in more prosperous regions. We exploit regional variation in the promotion of mobility programs along administrative borders of German employment agency districts to investigate the causal effect of offering such financial incentives on the job search behavior and labor market integration of unemployed workers. We show that promoting mobility – as intended – causes job seekers to increase their search radius, apply for and accept distant jobs. At the same time, local job search is reduced with adverse consequences for reemployment and earnings. These unintended negative effects are provoked by spatial search frictions. Overall, the unconditional provision of mobility programs harms the welfare of unemployed job seekers. T3 - CEPA Discussion Papers - 42 KW - Job Search KW - Active Labor Market Policy KW - Labor Market Mobility KW - Unintended Consequence KW - Search Frictions Y1 - 2022 U6 - http://nbn-resolving.de/urn/resolver.pl?urn:nbn:de:kobv:517-opus4-535229 SN - 2628-653X ER - TY - GEN A1 - Arni, Patrick A1 - Caliendo, Marco A1 - Künn, Steffen A1 - Zimmermann, Klaus F. T1 - The IZA evaluation dataset survey BT - a scientific use file T2 - Postprints der Universität Potsdam : Wirtschafts- und Sozialwissenschaftliche Reihe N2 - This reference paper describes the sampling and contents of the IZA Evaluation Dataset Survey and outlines its vast potential for research in labor economics. The data have been part of a unique IZA project to connect administrative data from the German Federal Employment Agency with innovative survey data to study the out-mobility of individuals to work. This study makes the survey available to the research community as a Scientific Use File by explaining the development, structure, and access to the data. Furthermore, it also summarizes previous findings with the survey data. T3 - Zweitveröffentlichungen der Universität Potsdam : Wirtschafts- und Sozialwissenschaftliche Reihe - 122 KW - survey data KW - scientific use file KW - labor market policies KW - evaluation KW - migration KW - ethnicity KW - attitudes KW - behavior KW - skills Y1 - 2020 U6 - http://nbn-resolving.de/urn/resolver.pl?urn:nbn:de:kobv:517-opus4-435204 SN - 1867-5808 IS - 122 ER - TY - JOUR A1 - Bellmann, Lutz A1 - Caliendo, Marco A1 - Tübbicke, Stefan T1 - The post-reform effectiveness of the new German start-up subsidy for the unemployed JF - Labour-England N2 - The current German start-up subsidy for unemployed individuals underwent a major reform in 2011 that altered key parameters of the program, leading to ambiguous ex ante predictions on the post-reform effectiveness of the program, making a new evaluation necessary. In our descriptive analysis, we find that participants after the reform differ significantly from pre-reform participants in terms of important characteristics and subsequent labor market performance. Our causal analysis reveals positive and sizable treatment effects on the treated regarding employment and income that are larger effects than what was estimated for the pre-reform program. Potential reasons for this are discussed. Y1 - 2018 U6 - https://doi.org/10.1111/labr.12126 SN - 1121-7081 SN - 1467-9914 VL - 32 IS - 3 SP - 293 EP - 319 PB - Wiley CY - Hoboken ER - TY - JOUR A1 - Caliendo, Marco A1 - Künn, Steffen A1 - Mahlstedt, Robert T1 - The return to labor market mobility BT - an evaluation of relocation assistance for the unemployed JF - Journal of Public Economics N2 - In many European countries, labor markets are characterized by high regional disparities in terms of unemployment rates on the one hand and low geographical mobility among the unemployed on the other hand. In order to counteract the geographical mismatch of workers, the German active labor market policy offers a subsidy covering moving costs to incentivize unemployed job seekers to search/accept jobs in distant regions. Based on administrative data, this study provides the first empirical evidence on the impact of this subsidy on participants' prospective labor market outcomes. We use an instrumental variable approach to take endogenous selection based on observed and unobserved characteristics into account when estimating causal treatment effects. We find that unemployed job seekers who participate in the subsidy program and move to a distant region receive higher wages and find more stable jobs compared to non-participants. We show that the positive effects are (to a large extent) the consequence of a better job match due to the increased search radius of participants. KW - Evaluation KW - Active labor market policy KW - Labor market mobility KW - Instrumental variable approach Y1 - 2017 U6 - https://doi.org/10.1016/j.jpubeco.2017.02.008 SN - 0047-2727 VL - 148 SP - 136 EP - 151 PB - Elsevier CY - Lausanne ER -