Entrepreneurship and the Business Cycle

Philipp Koellinger; A. Roy Thurik

doi:10.1162/rest_a_00224

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Entrepreneurship and the Business Cycle

Philipp Koellinger^1,2; A. Roy Thurik

¹ German Institute for Economic Research · ² Tinbergen Institute

The Review of Economics and Statistics 2012 open access

We find new empirical regularities in the business cycle in a cross-country panel of 22 OECD countries for the period 1972 to 2007; entrepreneurship Granger-causes the cycles of the world economy. Furthermore, the entrepreneurial cycle is positively affected by the national unemployment cycle. We discuss possible causes and implications of these findings.

DOI: 10.1162/rest_a_00224
Volume: 94 (4)
Pages: 1143-1156
Language: en
Export: BibTeX
Sources: openalex crossref