
We find new empirical regularities in the business cycle in a cross-country panel of 22 OECD countries for the period 1972-2007; entrepreneurship Granger-causes the cycles of the world economy. Furthermore, entrepreneurial activity is affected by national unemployment levels. We discuss possible causes and implications of these findings.
Konjunktur, L26, ddc:330, Entrepreneurship, SDG 8 - Decent Work and Economic Growth, entrepreneurship, business cycle, OECD-Staaten, business cycle, Entrepreneurship, business cycle, Kausalanalyse, EUR ESE 30, Entrepreneurship-Ansatz, E32, Schätzung, jel: jel:E32, jel: jel:L26
Konjunktur, L26, ddc:330, Entrepreneurship, SDG 8 - Decent Work and Economic Growth, entrepreneurship, business cycle, OECD-Staaten, business cycle, Entrepreneurship, business cycle, Kausalanalyse, EUR ESE 30, Entrepreneurship-Ansatz, E32, Schätzung, jel: jel:E32, jel: jel:L26
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