Fritsch, Michael; Konon, Alexander; Kritikos, Alexander - 2017 - This version: August 25, 2017
We analyze whether start-up rates in different industries systematically change with business cycle variables. We … mostly find correlations that are consistent with coun- ter-cyclical influences of the business cycle on entries in both …-scale industries, like the knowledge intensive services, are merely influenced by changes in the cyclical com- ponent of GDP. Business …