Hombert, Johan; Schoar, Antoinette; Sraer, David Alexandre - 2013
decide to start a business. We evaluate how this policy change affects entry into self-employment. The reform significantly … increases firm creation without worsening the quality of new entrants. Firms started post-reform are initially smaller, but … employment growth, productivity, and survival rates are similar to entrants pre-reform. New entrepreneurs are also similar in …
