Venture Capital Availability and Labor Market Performance in Industrial Countries: Evidence Based on Survey Data
研究发现，1982至2003年间，工业国家风险资本可得性提高可能降低了失业率、提高了就业率，并减少了长期失业者占比，效应显著。
This paper finds that more readily available venture capital is likely to have lowered unemployment rates and raised employment rates in industrial countries over the period 1982 to 2003. More readily available venture capital is also likely to have lowered the share of long-term unemployed in the total number of unemployed. The magnitude of the effects appears to have been substantial. To measure access to venture capital, we use answers from surveys of senior business executives. We also employ a large number of control variables. Our regression results are robust to variations in specification and sample size.