Baumgartner, Hans J.; Caliendo, Marco - Institute for the Study of Labor (IZA) - 2007
notoriously low selfemployment rate. Empirical evidence on the effectiveness of such programmes is scarce. The contribution of the … present paper is twofold: first, we evaluate the effectiveness of two start-up programmes for the unemployed. Our outcome … variables include the probability of being employed, the probability of being unemployed, and personal income. Second, based on …