what extent business cycles or unemployment levels influence entries into entrepreneurship. Our analysis for Germany … reveals that there is a positive relationship between unemployment rates and start-up activities. Moreover, new business … disentangling periods of low and high unemployment we find that the effect of unemployment on new business formation is only …

unemployment episodes dataset, we find that individuals who finish their spell with a grant have a significantly lower probability … of returning to unemployment. The policy is particularly effective for individuals who would have otherwise had labor … ameliorating unemployment. However, the policy was not effective for longer unemployed individuals. At the firm level, we find …

workers’ outside options. We document the negative selection into self-employment when workers enter from unemployment, and … contract out of unemployment. These facts call for a revision of active labor market policies in place …

Germany reveals that start-up activities are positively influenced by unemployment rates and that the cyclical component of … of low and high unemployment periods reveals a "low unemployment retard effect". -- business cycle ; self …-employment ; start-up ; unemployment …

Germany reveals that start-up activities are positively influenced by unemployment rates and that the cyclical component of … of low and high unemployment periods reveals a "low unemployment retard effect". -- Self-employment ; business cycle … ; unemployment ; start-up …