Creative Unemployment
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Forfattere:
Røed, Knut and Jens Fredrik Skogstrøm
År:
2010
Referanse:
Andre skrifter
IZA Discussion paper No. 5373
Sammendrag (engelsk)
We examine the impact of job loss on entrepreneurship behavior in Norway. Our identification strategy relies on the use of mass layoffs caused by bankruptcies as indicators of exogenous displacement. We find that working in a company which is going to close down due to bankruptcy during the next four years raises the subsequent entrepreneur rate by 3.7 percentage points (155 %) for men and 1.8 percentage points (180 %) for women, compared to working in a stable firm. These estimates are much larger than what has previously been reported in the literature. Taking into account that many workers lose their jobs in the comparison group of stable firms also, we reckon that the full effects of displacement are even larger.
Nøkkelord:
entrepreneurship, self-employment, unemployment
JEL:
L26, J65, M13
Prosjekt info:
Oppdragsgiver: Norges forskningsrådOppdragsgivers prosjektnr.: 201336
Frisch prosjekt: 6513 - Entrepreneurship and Gender in Norway - Entrepreneurship, Gender, and Social capital
