Unemployment benefits crowd out nascent entrepreneurial activity
Economics Letters , Volume 103 - Issue 2 p. 96- 98
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).
|ERIM Article Series (EAS)|
|Organisation||Erasmus Research Institute of Management|
Koellinger, Ph.D, & Minniti, M. (2009). Unemployment benefits crowd out nascent entrepreneurial activity. Economics Letters, 103(2), 96–98. doi:10.1016/j.econlet.2009.02.002