Journal Article
Unemployment and New Business Formation – New Insights into a Complex Relationship
Autoren
Erscheinungsdatum
DOI
10.1080/13504851.2017.1343437
JEL Classification
J24
M13
O15
J64
Arbeitsmarkt
Innovation und Strukturwandel
The article analyses the interrelation between unemployment and new business formation using panel data for a large cross-section of countries. We find robust evidence for a positive influence of unemployment, domestic credit to the private sector and business-friendly regulation on new business formation. Our examination does, however, indicate no support for the view that new business formation significantly reduces national unemployment rates.
