This is the first attempt to test hypotheses about financial constraints of ethnic minority owned businesses in Germany. Using data from a survey among 3,000 ethnic and native entrepreneurs, we examine differences in the financing patterns between both demographic groups. We find that...

In Germany self-employment among foreigners increased significantly in recent years. We study the geographical distribution of ethnic minority self-employment in Germany and find determinants for variations in start-up activities across 440 administrative German regions. We analyze the Statistic...

Die New Economy ist nicht auf die steigenden Aktienkurse und die hysterische Medienöffentlichkeit der Jahre 1999 und 2000 zu reduzieren. Ihre herausragende Bedeutung besteht vielmehr darin, dass sie aktuell Diskurse »bearbeitet«. Als Mythos New Economy erfüllt sie die Funktion, die...

The amendment to the German Trade and Crafts Code in 2004 offers a natural experiment to asses the causal effects of this reform on the probabilities of being self-employed and transition into and out of self-employment, using cross-sections (2002-2006) of German microcensus data. This study...