EconStor >
Max-Planck-Institut für Ökonomik, Jena >
Jena Economic Research Papers, MPI für Ökonomik >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/31780
  
Title:The direct employment effects of new businesses in Germany revisited: an empirical investigation for 1976 - 2004 PDF Logo
Authors:Schindele, Yvonne
Weyh, Antje
Issue Date:2008
Series/Report no.:Jena economic research papers 2008,076
Abstract:Based on an improved and extended database, the Establishment History Panel, we extend the analysis of Fritsch & Weyh (2006) by investigating the development of employment in German start-up co-horts for the period 1976 to 2004. We confirm the typical pattern of an initial increasing and then soon decreasing number of employees in start-up cohorts. Furthermore, we provide some of the first evidence for the ”liability of aging” phenomena in Germany. Older firms face a relatively high risk of failure. Although only the largest 25% of the surviving entries grow in terms of employment, after 25 years the number of employees in these relatively large businesses strongly declines.
Subjects:Employment change
new firms
start-up cohorts
liability of aging
JEL:D21
L10
L26
L29
M13
Document Type:Working Paper
Appears in Collections:Jena Economic Research Papers, MPI für Ökonomik

Files in This Item:
File Description SizeFormat
584528612.PDF812.15 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/31780

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.