. Using a dataset with over 24 million observations and more than 230,000 entries into entrepreneurship, we show that newly …

policies, taxation and the regulation of labor markets. Institutions have far-reaching effects on entrepreneurship, and they … entrepreneurship to the institutional setup it is maintained that in-depth analyses of specific institutions are required in order to … further our understanding of the determinants of entrepreneurial behavior and the economic effects of entrepreneurship. The …

programs (ALMP) affect the transition rates from unemployment to regular employment and entrepreneurship. We find that the … entrepreneurship hazard is highly responsive with respect to UI incentives, and that the probability of starting up a new business … employment hazard, it has no effect on entrepreneurship. We speculate that this reflects the programs' one-sided focus on job …