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. 2020 Jul 29;57(4):1837–1855. doi: 10.1007/s11187-020-00375-3

Table 1.

Means of variables before, during, and after the Great Recession

Variable Before During After
Great Recession Great Recession Great Recession
Entry into self-employment 0.0054 0.0061 0.0057
Entry into unincorp. self-empl. 0.0043 0.0048 0.0044
Entry into incorp. self-empl. 0.0011 0.0013 0.0013
Unemployed 0.0370 0.0663 0.0545
Non-participation 0.1220 0.1220 0.1308
Male 0.4703 0.4723 0.4757
Less then high school 0.0924 0.0897 0.0800
High school degree 0.2926 0.2913 0.2720
Some college 0.2983 0.2985 0.3010
College degree 0.3166 0.3205 0.3470
Age 40.8 41.0 41.2
White 0.8270 0.8258 0.8116
African American 0.0957 0.0953 0.1004
Other nonwhite 0.0773 0.0789 0.0880
Married 0.6089 0.6045 0.5769
Number of children 0.9707 0.9660 0.9530
Metropolitan area 0.8003 0.8009 0.8148
West 0.2515 0.2486 0.2543
Northeast 0.2027 0.2052 0.1950
Midwest 0.2378 0.2405 0.2352
South 0.3080 0.3057 0.3155
Observations 538,469 541,517 518,355

The period before the Great Recession is 04/2007–03/2008, during the GR 09/2008–08/2009, and after the GR 05/2013–04/2014

Source: Own calculations based on the Current Population Survey