who started from non-unemployment and did not receive the subsidy. The data allows us to analyze their business … survival rates and little contribution to job creation, economic growth, and innovation. In this paper, we use a rich data set … to compare participants of a German start-up subsidy program for unemployed individuals to a group of regular founders …

Offering unemployed individuals a subsidy to become self-employed is a widespread active labor market policy strategy …. Previous studies have illustrated its high effectiveness to help participants escaping unemployment and improving their labor … start-ups out of unemployment with regular business founders, with respect to not only personal characteristics but also …

combat unemployment but also as business policy to promote entrepreneurship. The corresponding empirical literature on this … (ALMP) to fight unemployment in many countries in recent years. In contrast to traditional ALMP instruments like training … unemployed individuals to exit unemployment by entering self-employment and, thus, by creating their own jobs. In this sense …

are limited and starting an own business is an opportunity to leave unemployment. However, the survival of firms in … well as a control group of unemployed who did not enter these programs. We add information on unemployment rates and GDP …

Turning unemployment into self-employment is a suitable alternative to traditional active labor market policies in many …

driven by negative effects on unemployment and retirement insurance coverage. Our heterogeneity analysis reveals substantial …