Unemployment benefits crowd out nascent entrepreneurial activity

Philipp Koellinger, Maria Minniti

Research output: Contribution to journalArticlepeer-review

36 Scopus citations


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 languageEnglish (US)
Pages (from-to)96-98
Number of pages3
JournalEconomics Letters
Issue number2
StatePublished - May 2009
Externally publishedYes


  • Business startups
  • Entrepreneurship
  • Unemployment benefits

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics


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