Unemployment benefits crowd out nascent entrepreneurial activity
AbstractAnalyzing a cross-country panel of 16 OECD countries from 2002 to 2005, we find that higher unemployment benefits crowd out nascent entrepreneurial activity. Our results hold regardless of entrepreneurial motivation (necessity or opportunity) and entrepreneurial type (imitative or innovative).
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 103 (2009)
Issue (Month): 2 (May)
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Web page: http://www.elsevier.com/locate/ecolet
Entrepreneurship Business startups Unemployment benefits;
Other versions of this item:
- Koellinger, Ph.D. & Minniti, M., 2008. "Unemployment Benefits Crowd Out Nascent Entrepreneurial Activity," Research Paper ERS-2008-012-ORG, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus Uni.
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- Philipp Koellinger, 2008.
"Why are some entrepreneurs more innovative than others?,"
Small Business Economics,
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- repec:dgr:uvatin:0000032 is not listed on IDEAS
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