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 …

We study a large-scale French reform that provided generous downside insurance for unemployed individuals starting a … business. We study whether this reform affects the composition of people who are drawn into entrepreneurship. New firms started … in response to the reform are, on average, smaller, but have similar growth expectations and education levels compared to …

We study a large-scale French reform that provided generous downside insurance for unemployed individuals starting a … business. We study whether this reform affects the composition of people who are drawn into entrepreneurship. New firms started … in response to the reform are, on average, smaller, but have similar growth expectations and education levels compared to …