|
EconStor >
Forschungsinstitut zur Zukunft der Arbeit (IZA), Bonn >
IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA) >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/20158
|
| | |
| Title: | | Reducing Start-Up Costs for New Firms: The Double Dividend on the Labour Market  |
| Authors: | | Dulleck, Uwe Frijters, Paul Winter-Ebmer, Rudolf |
| Issue Date: | | 2003 |
| Series/Report no.: | | IZA Discussion paper series 923 |
| Abstract: | | Starting a firm with expansive potential is an option for educated and high-skilled workers. This option serves as an insurance against unemployment caused by labor market frictions and hence increases the incentives for education. We show within a matching model that reducing the start-up costs for new firms results in higher take-up rates of education. It also leads, through a thick-market externality, to higher rates of job creation for high-skilled labor as well as average match productivity. We provide empirical evidence to support our argument. |
| Subjects: | | matching education start-up costs venture capital bureaucratic hurdles |
| JEL: | | D73 J68 J24 |
| Document Type: | | Working Paper |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/20158
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|