Unemployment Benefits Crowd Out Nascent Entrepreneurial Activity
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).
|Keywords||business startups, entrepreneurship, unemployment benefits|
|JEL||Unemployment Insurance; Severance Pay; Plant Closings (jel J65), Business Administration and Business Economics; Marketing; Accounting (jel M), New Firms; Startups (jel M13), Management of Technological Innovation and R&D (jel O32)|
|Publisher||Erasmus Research Institute of Management|
|Series||ERIM Report Series Research in Management|
|Journal||ERIM report series research in management Erasmus Research Institute of Management|
Koellinger, Ph.D, & Minniti, M. (2008). Unemployment Benefits Crowd Out Nascent Entrepreneurial Activity (No. ERS-2008-012-ORG). ERIM report series research in management Erasmus Research Institute of Management. Erasmus Research Institute of Management. Retrieved from http://hdl.handle.net/1765/11808