On the Persistence of Job Creation in Old and New Firms

Arbeitspapier

We suggest a new method to analyze the success of firm creation by looking at the persistence of new jobs created in old and in new firms. Compared to survival rates of new versus old firms, this measure has the advantage that the sustainability of job creation in different circumstances is investigated. We analyze 21 years of job creation in Austria and find that new jobs last significantly longer in new than in old firms. Moreover, the survival of new jobs depends upon the state of the business cycle at the time of job creation, on the number of jobs created, and, for existing firms, on firm age.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Working Paper ; No. 0804

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Labor Demand ; Labor Turnover; Vacancies; Layoffs ; Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity ; Business Fluctuations; Cycles
• Thema: job creation ; new firms ; reallocation ; persistence ; Unternehmensgründung ; Unternehmenserfolg ; Konjunktur ; Beschäftigungseffekt ; Arbeitsplatz ; Schätzung ; Österreich

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Böheim, René ; Stiglbauer, Alfred ; Winter-Ebmer, Rudolf
• Ereignis: Veröffentlichung
• (wer): Johannes Kepler University of Linz, Department of Economics
• (wo): Linz
• (wann): 2008

Weitere Informationen

• Handle: http://hdl.handle.net/10419/73624
• Letzte Aktualisierung: 10.03.2025, 11:42 MEZ