| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP10294 |
| DP10294 Can Unemployment Insurance Spur Entrepreneurial Activity? | |
| Antoinette Schoar; David Thesmar; David Sraer; Johan Hombert | |
| 发表日期 | 2014-12-14 |
| 出版年 | 2014 |
| 语种 | 英语 |
| 摘要 | 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 start-ups before the reform. They are also as likely to survive or to hire. In aggregate, the effect of the reform on employment is largely offset by large crowd-out effects. However, because new firms are more productive, the reform has the impact of raising aggregate productivity. These results suggest that the dispersion of entrepreneurial abilities is small in the data, so that the facilitation of entry leads to sizable Schumpeterian dynamics at the firm-level. |
| 主题 | Financial Economics ; Labour Economics |
| 关键词 | Crowding out entrepreneurship Unemployment |
| URL | https://cepr.org/publications/dp10294 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/539126 |
| 推荐引用方式 GB/T 7714 | Antoinette Schoar,David Thesmar,David Sraer,et al. DP10294 Can Unemployment Insurance Spur Entrepreneurial Activity?. 2014. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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