Entrepreneurship and the business cycle

Philipp D. Koellinger*, A. Roy Thurik

*Corresponding author for this work

Research output: Contribution to JournalArticleAcademicpeer-review

Abstract

We find new empirical regularities in the business cycle in a cross-country panel of 22 OECD countries for the period 1972 to 2007; entrepreneurship Granger-causes the cycles of the world economy. Furthermore, the entrepreneurial cycle is positively affected by the national unemployment cycle. We discuss possible causes and implications of these findings.

Original languageEnglish
Pages (from-to)1143-1156
Number of pages14
JournalReview of Economics and Statistics
Volume94
Issue number4
DOIs
Publication statusPublished - 1 Dec 2012

Fingerprint Dive into the research topics of 'Entrepreneurship and the business cycle'. Together they form a unique fingerprint.

Cite this