Self-employment dynamics and Unemployment risk
Unemployment Insurance and Self-employment during the Great Recession
I study the impact of large changes in the duration of unemployment benefits during the Great Recession in the United States. At the micro-level, I show that unemployment benefits extensions were on average not associated with lower entry to self-employment. However, this result masks substantial heterogeneity among the self-employed: Those who work less than 20 hours per week on their business were 30% less likely to enter following eligibility to extended benefits, consistent with entry by necessity in a slack labour market. In addition, I also show that individuals about to exhaust their benefits were less likely to enter if they had expected a future increase in the duration of unemployment insurance. At the macro-level, while there was a large variation in the number of UI weeks available across states and over time, I find that the extension and termination of benefits did not affect state-level self-employment rates.
[draft coming soon]
Work in Progress
Housing Wealth and Business Dynamism
Productivity and Misallocation in the Caucasus and Central Asia Region (with Benedicte Baduel and Gaelle Pierre)