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Startup Growth and Economic Cycles by grimblade81873 is a document available to read on EtoBox.
This paper analyzes the impact of aggregate economic conditions on the employment potential of US startups, revealing that firms entering during downturns tend to remain smaller and less capable of job creation over time. It identifies three key stylized facts: startup employment is volatile and procyclical, variations persist as cohorts age, and differences in firm size largely drive employment fluctuations. The findings suggest that macroeconomic conditions at the time of startup entry have long-lasting e
- Author
- grimblade81873
- Language
- EN