TY - JOUR
T1 - Entrepreneurship and the business cycle
AU - Koellinger, Philipp D.
AU - Thurik, A. Roy
PY - 2012/12/1
Y1 - 2012/12/1
N2 - 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.
AB - 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.
UR - http://www.scopus.com/inward/record.url?scp=84878820518&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=84878820518&partnerID=8YFLogxK
U2 - 10.1162/REST_a_00224
DO - 10.1162/REST_a_00224
M3 - Article
AN - SCOPUS:84878820518
SN - 0034-6535
VL - 94
SP - 1143
EP - 1156
JO - Review of Economics and Statistics
JF - Review of Economics and Statistics
IS - 4
ER -
