Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/31780
Authors: 
Schindele, Yvonne
Weyh, Antje
Year of Publication: 
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

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