Dulleck, Uwe; Frijters, Paul; Winter-Ebmer, Rudolf - 2003
insurance against unemployment caused by labor market frictions and hence increases the incentives for education. We show within … a matching model that reducing the start-up costs for new firms results in higher take-up rates of education. It also … leads, through a thick-market externality, to higher rates of job creation for high-skilled labor as well as average match …