Unemployment insurance and business ownership

In the United States, self-employed business owners are not entitled to unemployment insurance from state. This can impact an individual’s choice of occupation when it comes selecting ownership. this paper, we examine relationship between benefits and Using state-level panel data 1990 2020, study effect on ownership in U.S. Exploiting changes laws regarding employing empirical strategy difference-in-difference, find that a one percent increase maximum annual benefit leads decline by 0.029 percentage points. We suggest some policy implications result, particularly those related entrepreneurship