Unemployment benefits crowd out nascent entrepreneurial activity

Philipp Koellinger, Maria Minniti*

*Corresponding author for this work

Research output: Contribution to JournalArticleAcademicpeer-review

Abstract

Analyzing a cross-country panel of 16 OECD countries from 2002 to 2005, we find that higher unemployment benefits crowd out nascent entrepreneurial activity. Our results hold regardless of entrepreneurial motivation (necessity or opportunity) and entrepreneurial type (imitative or innovative).

Original languageEnglish
Pages (from-to)96-98
Number of pages3
JournalEconomics Letters
Volume103
Issue number2
DOIs
Publication statusPublished - 1 May 2009
Externally publishedYes

Keywords

  • Business startups
  • Entrepreneurship
  • Unemployment benefits

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