Graduation Year

Spring 2014

Document Type

Campus Only Senior Thesis

Degree Name

Bachelor of Arts

Department

Economics

Reader 1

Heather Antecol

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© 2014 Anthea J. Weixel

Abstract

Using data from the Global Entrepreneurship Monitor and the World Bank, I examine the effect of the Great Recession on total early-stage entrepreneurship rates in nineteen European countries relative to the United States, as well as on male and female entrepreneurship independently. I find that the Great Recession has led to increased entrepreneurship rates overall and that there is little variation across European countries relative to the United States. Further, I find that female entrepreneurship rates increased more than male entrepreneurship rates following the Great Recession. This suggests that women have not only experienced greater job recovery overall after the recession, but that they have also turned more towards self-employment relative to their male counterparts.

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