Showing 1 - 10 of 11
We document two striking facts about U.S. firm dynamics and interpret their significance for aggregate employment dynamics. The first observation is the steady decline in the firm entry rate over the last thirty years, and the second is the gradual shift of employment from younger to older firms...
Persistent link: https://www.econbiz.de/10011340991
Entrepreneurship has a cyclical component, raising two questions. Is the entrepreneurship cycle related to the business … cycle? And is there causality? A two-way relationship between entrepreneurship and the business cycle would be in line with … the two faces of entrepreneurs: as agents of change creating upswings (opportunity entrepreneurship) and as rational …
Persistent link: https://www.econbiz.de/10011404921
contradicts existing theoretical hypotheses which predict that entrepreneurship is pro-cyclical or not cyclical. We discuss …
Persistent link: https://www.econbiz.de/10010325663
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...
Persistent link: https://www.econbiz.de/10011825109
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...
Persistent link: https://www.econbiz.de/10011873505
Economically active people are either in gainful employment, are unemployed or self-employed. We are interested in the dynamics of the transitions between these states across the business cycle. It is generally perceived that employment or self-employment are absorbing states. However,...
Persistent link: https://www.econbiz.de/10010272276
Economically active people are either in gainful employment, are unemployed or selfemployed. We are interested in the dynamics of the transitions between these states across the business cycle. It is generally perceived that employment or self-employment are absorbing states. However,...
Persistent link: https://www.econbiz.de/10010272297
The gender gap in entrepreneurship has been observed for a long time, explained by both female-specific and gender … economic dynamics on female entrepreneurship. Economic dynamics is a persistent process affected simultaneously by both … dynamics on female entrepreneurship in the long- and medium-run. The study concerns the countries of the Visegrad Group …
Persistent link: https://www.econbiz.de/10014332885
We analyze whether start-up rates in different industries systematically change with business cycle variables. We mostly find correlations that are consistent with coun- ter-cyclical influences of the business cycle on entries in both innovative and non-in- novative industries. Entries into the...
Persistent link: https://www.econbiz.de/10011788771
A common finding in the entrepreneurship literature is that business creation increases in recessions. This counter …-cyclical pattern is examined by separating business creation into two components: “opportunity” and “necessity” entrepreneurship … entrepreneurship, there are many challenges to creating a definition that is both objective and empirically feasible. We propose an …
Persistent link: https://www.econbiz.de/10011794193