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Erscheinungsjahr: 
2013
Schriftenreihe/Nr.: 
DIW Discussion Papers No. 1281
Verlag: 
Deutsches Institut für Wirtschaftsforschung (DIW), Berlin
Zusammenfassung: 
We investigate whether people become more willingly self-employed during boom periods or in recessions and to what extent it is the business cycle or the employment status influencing entry rates into entrepreneurship. Our analysis for Germany reveals that start-up activities are positively influenced by unemployment rates and that the cyclical component of real GDP has a negative effect. This implies that new business formation is counter-cyclical. Further disentangling periods of low and high unemployment periods reveals a low unemployment retard effect.
Schlagwörter: 
self-employment
business cycle
unemployment
start-up
JEL: 
L26
E32
Dokumentart: 
Working Paper

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