ZEW Economic Studies
Leaving Unemployment for Self-Employment
Reize, Frank (2004), Leaving Unemployment for Self-Employment, ZEW Economic Studies, Bd. 25, Heidelberg New York.
The book presents an analysis of the transition from unemployment to self-employment and its subsidisation with the so-called "bridging allowance" in Germany. On the basis of econometric models, the determinants and the success of self-employment among former unemployed are estimated at the individual as well as at the firm level. By comparing different groups of the formerly unemployed, it becomes evident that self-employment is one successful route out of unemployment, as self-employment proves to be more stable than paid-employment. Therefore, the bridging allowance reaches its aim of regaining stable employment for the unemployed. However, this programme fails to create additional employment in the newly founded firms.
Keywords: Bridging Allowance, Firm Start-Up, Self-Employment, Unemployment
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