basic premise is that entrepreneurship is a central driver of economic renewal and change, and that institutions affect both … the supply and direction of entrepreneurship. While local institutions always develop and operate against the backdrop of … and stringency of enforcement) and informal (e.g., attitudes and social legitimacy) institutions. We further argue that …

assistance. Our findings show that the assistance reduces unemployment among the treated, but also creates substantial … displacement leading to higher unemployment for the non-treated. By using detailed information on caseworker and job seeker … unemployment and reduced government spending. …

unemployment and active labor market programs (ALMPs), utilizing a reform that decreased dismissal costs for small firms only … unemployment and some ALMPs. Our results suggest that there was less screening of new hires after the reform, and that … liberalization of EPL mitigates the stigma associated with unemployment and participation in ALMPs. …