Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/73624
Authors: 
Böheim, René
Stiglbauer, Alfred
Winter-Ebmer, Rudolf
Year of Publication: 
2008
Series/Report no.: 
Working Paper, Department of Economics, Johannes Kepler University of Linz 0804
Abstract: 
We suggest a new method to analyze the success of firm creation by looking at the persistence of new jobs created in old and in new firms. Compared to survival rates of new versus old firms, this measure has the advantage that the sustainability of job creation in different circumstances is investigated. We analyze 21 years of job creation in Austria and find that new jobs last significantly longer in new than in old firms. Moreover, the survival of new jobs depends upon the state of the business cycle at the time of job creation, on the number of jobs created, and, for existing firms, on firm age.
Subjects: 
job creation
new firms
reallocation
persistence
JEL: 
J23
J63
E24
E32
Document Type: 
Working Paper

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