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The growth and human capital structure of new firms over the business cycle
Brixy, Udo; Murmann, Martin - 2016
employment in incumbent firms. This questions the effectiveness of policies that promote entrepreneurship to fight crises. We …
Persistent link: https://www.econbiz.de/10011569390
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Hiring opportunities for new firms and the business cycle
Brixy, Udo; Murmann, Martin - In: Small Business Economics 64 (2024) 3, pp. 1387-1413
on young German firms around and during the Global Financial Crisis, a period of sharply reduced access to external …-level results reveal that the average new firm found it easier to hire its first employees when it was founded during the crisis … those reported in previous research. Our results suggest that market entry during a crisis may facilitate hiring and that …
Persistent link: https://www.econbiz.de/10015438009
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Unemployment benefit duration and startup success
Camarero Garcia, Sebastian; Murmann, Martin - 2024
consequence, more necessity entrepreneurship and worse startup outcomes in terms of sales and employment growth. We explain this …
Persistent link: https://www.econbiz.de/10015051029
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How unemployment benefit duration shapes startup motivation and growth
Camarero Garcia, Sebastian; Murmann, Martin - In: Small Business Economics 64 (2024) 4, pp. 1565-1600
consequence, more necessity entrepreneurship and worse startup outcomes in terms of sales and employment growth. We explain this …
Persistent link: https://www.econbiz.de/10015438011
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Unemployment benefit duration and startup success
Camarero Garcia, Sebastian; Murmann, Martin - 2020
Despite the importance of business creation for the economy and a relevant share of new firms being started out of unemployment, most research has focused on analyzing the effect of unemployment insurance (UI) policies on reemployment outcomes that ignore self-employment. In this paper, we...
Persistent link: https://www.econbiz.de/10012290514
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An international comparison of the contribution to job creation by high-growth firms
Anyadike-Danes, Michael; Bjuggren, Carl Magnus; Dumont, … - 2018
This paper addresses three simple questions: how should the contribution of high-growth firms to job creation be measured? how much does this contribution vary across countries? to what extent does the cross-country variation depend on variation in the proportion of high-growth firms in the...
Persistent link: https://www.econbiz.de/10011985397
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An international comparison of the contribution to job creation by high-growth firms
Anyadike-Danes, Michael; Bjuggren, Carl Magnus; Dumont, … - 2018
The basic principle governing the development of the accounting framework is the choice of appropriate comparators. Firstly, when measuring contributions to job creation, we should focus on just job creating firms, otherwise we are summing over contributions from firms with positive, zero, and...
Persistent link: https://www.econbiz.de/10011917092
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An international comparison of the contribution to job creation by high growth firms
Anyadike-Danes, Michael; Bjuggren, Carl Magnus; Dumont, … - 2018
This paper addresses three simple questions: how should the contribution of HGFs to job creation be measured? how much does this contribution vary across countries? to what extent does the cross-country variation depend on variation in the proportion of HGFs in the business population? The first...
Persistent link: https://www.econbiz.de/10012654435
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Job creation and the intra-distribution dynamics of the firm size distribution
Huber, Peter; Oberhofer, Harald; Pfaffermayr, Michael - 2012
Based on a three equations model for initial firm size, survival and firm growth we estimate firm-specific transition probabilities between size classes of the firm size distribution. This allows to analyze counterfactual scenarios that assess the impact of changes in exogenous variables on the...
Persistent link: https://www.econbiz.de/10010293323
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The Growth and Human Capital Structure of New Firms over the Business Cycle
Murmann, Martin - 2017
Recent research based on aggregate data suggests that employment in young firms is more negatively impacted during economic crises than employment in incumbent firms. Using firm-level data, we show that under constant human capital of the firms' founders, employment growth in less than 1...
Persistent link: https://www.econbiz.de/10011712803