Abstract
Analyzing 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).
Original language | English (US) |
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Pages (from-to) | 96-98 |
Number of pages | 3 |
Journal | Economics Letters |
Volume | 103 |
Issue number | 2 |
DOIs | |
State | Published - May 2009 |
Externally published | Yes |
Keywords
- Business startups
- Entrepreneurship
- Unemployment benefits
ASJC Scopus subject areas
- Finance
- Economics and Econometrics