Blanchflower, David; Shadforth, Chris - 2007
jump of nearly one percentage point in
the rate (11.9% in 2001 to 12.8% in 2004), seems rather large given that the … failed in the first 12 months of
trading according to the DTI, and around 30% had failed within the first 3 years. This … clearly a function of both ‘push’ and ‘pull’ factors, which are related in
opposite ways to measures of the economic cycle …