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News & Updates, IfM Publications
Effects of a lower income on the standard of living

Can households maintain their standards of living when self-employed household members experience income cuts? Dr. Stefan Schneck examined this question and placed the results in the context of the Corona crisis. One central result: about half of the self-employed households can no longer maintain their standard of living if the self-employed income declines by 37%.

The article "Einkommenseinbußen von Selbstständigen und deren Konsequen-zen für den Lebensstandard ihrer Haushalte” is published in the policy brief series "Unternehmertum im Fokus" (Entrepreneurship in focus) by IfM Bonn and the Förderkreis Gründungs-Forschung.

 Policy Brief