We propose an extension of the standard occupational choice model to analyze the life satisfaction of senior entrepreneurs as compared to paid employees and particularly retirees in Germany. The analysis identifies income and health status as main factors that shape the relationship between...

More unaccompanied refugee children arrive to and get a residence permit in Sweden than in any other country in Europe. The number of children who arrives is increasing fast. The Swedish experiences are therefore of great interest also for other countries. In this paper we study the labour...

The number of unaccompanied minors has increased over the past ten years in Sweden, the European country that receives the most children from this group. Some of them emigrate after a period of time in Sweden, but the vast majority stay. Most of the arriving children are teenage boys who have...

Many unaccompanied children have applied for asylum during the last few years, especially in 2015. These children face special challenges and risk being exploited due to their age and legal status. In this paper we survey research and otherwise documented experiences regarding this group of...

Small Business Administration (SBA) loans have long been one of the most significant policy interventions in the U.S. affecting firm behavior, but little is known about their outcomes. This paper estimates the effects on employment using a list of all SBA loans linked to annual data on all U.S....

Germany experienced a unique rise in the level of self-employment in the first two decades following unification. Applying the non-linear Blinder-Oaxaca decomposition technique, we find that the main factors driving these changes in the overall level of self-employment are demographic...

Analyzing data on all U.S. employers in a cohort of entering firms, we document a highly skewed size distribution, such that the largest 5% account for over half of cohort employment at firm birth and more than two-thirds at firm age 7. Little of the size variation is accounted for by industry...

We analyze whether start-up rates in different industries systematically change with business cycle variables. Using a unique data set at the industry level, we mostly find correlations that are consistent with counter-cyclical influences of the business cycle on entries in both innovative and...