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Reducing Start-Up Costs for New Firms: The Double Dividend on the Labour Market

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dc.creator Dulleck, Uwe
dc.creator Frijters, Paul
dc.creator Winter-Ebmer, Rudolf
dc.date 2003
dc.date.accessioned 2013-10-16T07:09:06Z
dc.date.available 2013-10-16T07:09:06Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/20158
dc.identifier ppn:37360940X
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/20158
dc.description Starting a firm with expansive potential is an option for educated and high-skilled workers. This option serves as an insurance against unemployment caused by labor market frictions and hence increases the incentives for education. We show within a matching model that reducing the start-up costs for new firms results in higher take-up rates of education. It also leads, through a thick-market externality, to higher rates of job creation for high-skilled labor as well as average match productivity. We provide empirical evidence to support our argument.
dc.language eng
dc.publisher
dc.relation IZA Discussion paper series 923
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject D73
dc.subject J68
dc.subject J24
dc.subject ddc:330
dc.subject matching
dc.subject education
dc.subject start-up costs
dc.subject venture capital
dc.subject bureaucratic hurdles
dc.subject Unternehmensgründung
dc.subject Folgekosten
dc.subject Risikokapital
dc.subject Bildungsinvestition
dc.subject Hochqualifizierte Arbeitskräfte
dc.subject Arbeitsnachfrage
dc.subject Theorie
dc.subject Welt
dc.title Reducing Start-Up Costs for New Firms: The Double Dividend on the Labour Market
dc.type doc-type:workingPaper


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