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The Value of Autonomy: Evidence from the Self-Employed in 23 Countries


Benz, Matthias; Frey, Bruno S (2003). The Value of Autonomy: Evidence from the Self-Employed in 23 Countries. Working paper series / Institute for Empirical Research in Economics No. 173, University of Zurich.

Abstract

"The self-employed are substantially more satisfied with their worknthan employed persons. We document this relationship for 23 countries andnshow that the higher job satisfaction can directly be attributed to thengreater autonomy that self-employed persons enjoy. ""Being your own boss""nseems to provide non-pecuniary benefits from work that point to thenexistence of procedural utility: autonomy is valued beyond outcomes as angood decision-making procedure. The results hold not only for WesternnEuropean, North American and former communist Eastern European countries,nbut largely also for countries with a non-western cultural background."

Abstract

"The self-employed are substantially more satisfied with their worknthan employed persons. We document this relationship for 23 countries andnshow that the higher job satisfaction can directly be attributed to thengreater autonomy that self-employed persons enjoy. ""Being your own boss""nseems to provide non-pecuniary benefits from work that point to thenexistence of procedural utility: autonomy is valued beyond outcomes as angood decision-making procedure. The results hold not only for WesternnEuropean, North American and former communist Eastern European countries,nbut largely also for countries with a non-western cultural background."

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Additional indexing

Item Type:Working Paper
Communities & Collections:03 Faculty of Economics > Department of Economics
Working Paper Series > Institute for Empirical Research in Economics (former)
Dewey Decimal Classification:330 Economics
Language:English
Date:November 2003
Deposited On:29 Nov 2011 22:32
Last Modified:12 Aug 2017 12:55
Series Name:Working paper series / Institute for Empirical Research in Economics
ISSN:1424-0459
Official URL:http://www.econ.uzh.ch/wp.html

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