are limited and starting an own business is an opportunity to leave unemployment. However, the survival of firms in … administrative and survey data and observe participants in two distinct start-up programs in Germany for five years after start-up as … well as a control group of unemployed who did not enter these programs. We add information on unemployment rates and GDP …

This paper analyzes Germany's unusual labor market experience during the Great Recession. We estimate a general … equilibrium model with a detailed labor market block for postunification Germany. This allows us to disentangle the role of …