Unemployment Benefit and Nascent Entrepreneurship

Hamid Beladi and Saibal Kar ()

Working Papers from College of Business, University of Texas at San Antonio

Abstract: A recent empirical note shows unemployment benefit crowds out nascent entrepreneurs. We provide theoretical support in favor of this interesting result. Over fairly general preference patterns we obtain a measure of the opportunity cost of entrepreneurs in the presence of unemployment benefit and derive conditions under which nascent entrepreneurship suffers as unemployment benefit rises. The measure may stimulate further empirical verifications.

Keywords: Unemployment benefit; entrepreneurship; real wage; expected utility; risk (search for similar items in EconPapers)
Pages: 12 pages
Date: 2013-07-05
References: Add references at CitEc
Citations:

Downloads: (external link)
http://interim.business.utsa.edu/wps/eco/0045ECO-414-2013.pdf Full text Classification- J23, J65, M13 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:tsa:wpaper:0219eco

Access Statistics for this paper

More papers in Working Papers from College of Business, University of Texas at San Antonio Contact information at EDIRC.
Bibliographic data for series maintained by Wendy Frost ().