ENTREPRENEURSHIP OVER THE BUSINESS CYCLE

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

Staff General Research Papers Archive from Iowa State University, Department of Economics

Abstract: The fraction self-employed rises in recessions because wage work is more sensitivethan self-employment to the business cycle, not because of necessityentrepreneurship. Graduating during a recession reduces the probability of starting a business forthe 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: 2013-10-27
New Economics Papers: this item is included in nep-bec, nep-cse and nep-ent
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Published in Economics Letters, February 2014, vol. 122 no. 2, pp. 105-110

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http://www2.econ.iastate.edu/papers/p16672-2013-10-28.pdf (application/pdf)

Related works:
Journal Article: Entrepreneurship over the business cycle (2014)
Working Paper: Entrepreneurship over the business cycle (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:isu:genres:36672

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