Unemployment benefits crowd out nascent entrepreneurial activity

Philipp Koellinger and Maria Minniti

Economics Letters, 2009, vol. 103, issue 2, 96-98

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).

Keywords: Entrepreneurship; Business; startups; Unemployment; benefits (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (37)

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Working Paper: Unemployment Benefits Crowd Out Nascent Entrepreneurial Activity (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:103:y:2009:i:2:p:96-98

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