Entrepreneurship over the business cycle

Li Yu (), Peter Orazem and Robert W. Jolly

Economics Letters, 2014, vol. 122, issue 2, 105-110

Abstract: The fraction of self-employed rises in recessions because wage work is more sensitive than self-employment to the business cycle, not because of necessity entrepreneurship. Graduating during a recession reduces the probability of starting a business for the next 11 years.

Keywords: Entrepreneurship; Boom; Bust; Delay; Graduates (search for similar items in EconPapers)
JEL-codes: J2 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (17)

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Working Paper: Entrepreneurship over the business cycle (2014)
Working Paper: ENTREPRENEURSHIP OVER THE BUSINESS CYCLE (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:122:y:2014:i:2:p:105-110

DOI: 10.1016/j.econlet.2013.10.036

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