On the Persistence of Job Creation in Old and New Firms

René Böheim, Alfred Stiglbauer () and Rudolf Winter-Ebmer

No 2008-04, Economics working papers from Department of Economics, Johannes Kepler University Linz, Austria

Abstract: We suggest a new method to analyze the success of firm creation by looking at the persistence of new jobs created in old and in new firms. Compared to survival rates of new versus old firms, this measure has the advantage that the sustainability of job creation in different circumstances is investigated. We analyze 21 years of job creation in Austria and find that new jobs last significantly longer in new than in old firms. Moreover, the survival of new jobs depends upon the state of the business cycle at the time of job creation, on the number of jobs created, and, for existing firms, on firm age.

Keywords: job creation; new firms; reallocation; persistence (search for similar items in EconPapers)
JEL-codes: E24 E32 J23 J63 (search for similar items in EconPapers)
Date: 2008-03
New Economics Papers: this item is included in nep-bec, nep-ent, nep-lab and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Related works:
Journal Article: On the persistence of job creation in old and new firms (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:jku:econwp:2008_04

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