Article
Entrepreneurship over the business cycle
Economics Letters
Document Type
Article
Publication Version
Submitted Manuscript
Publication Date
2-1-2014
DOI
10.1016/j.econlet.2013.10.036
Abstract
The fraction of self-employed rises in recessions because wage work is more sensitive than self-employment to the business cycle, not because of necessity entrepreneurship. Graduating during a recession reduces the probability of starting a business for the next 11 years.
Copyright Owner
Elsevier B. V.
Copyright Date
2013
Language
en
File Format
application/pdf
Citation Information
Li Yu, Peter F. Orazem and Robert W. Jolly. "Entrepreneurship over the business cycle" Economics Letters Vol. 122 Iss. 2 (2014) p. 105 - 110 Available at: http://works.bepress.com/peter-orazem/102/
This is a manuscript of an article from Economics Letters 122 (2014): 105, doi: 10.1016/j.econlet.2013.10.036. Posted with permission.