Journal or Book Title
First Page or Article ID Number
The fraction of self-employed rises in recessions because wage work is more sensitive than self-employment to the business cycle, not because of necessity entrepreneurship. Graduating during a recession reduces the probability of starting a business for the next 11 years.
Elsevier B. V.
Yu, Li; Orazem, Peter F.; and Jolly, Robert W., "Entrepreneurship over the business cycle" (2014). Economics Publications. 347.