Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/298761 
Year of Publication: 
2020
Citation: 
[Journal:] IZA Journal of Labor Policy [ISSN:] 2193-9004 [Volume:] 10 [Issue:] 1 [Article No.:] 18 [Year:] 2020 [Pages:] 1-35
Publisher: 
Sciendo, Warsaw
Abstract: 
We present experimental evidence on the effects of entrepreneurship training for unemployed workers in the U.S. at two different stages in the business cycle. In the context of a strong economy, training helped training participants - particularly those with prior self-employment experience - to start a business and become self-employed, while it may have persuaded others to pursue salary employment instead. During the Great Recession, training helped training participants become self-employed, particularly those with no prior self-employment experience. Regardless of economic conditions, positive impacts on self-employment were partly or largely offset by reductions in regular employment. These findings indicate that entrepreneurship training may help unemployed workers to become self-employed at different stages of the business cycle, but there is weak evidence that it can be an effective policy for combating unemployment, particularly during recessions.
Subjects: 
Great Recession
self-employment
entrepreneurship
start-up
small business
entrepreneurship training
unemployment
policy evaluation
reemployment
JEL: 
J6
H4
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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