Entrepreneurship and unemployment: A nonlinear bidirectional causality?
This paper tests the view that the relation between unemployment and entrepreneurship is dynamic and possibly nonlinear. It performs Granger-causality tests and STAR-EXT estimation to assess the causality direction and the nonlinear nature of the relation for a set of OECD countries. The results reveal a bidirectional and nonlinear relation between business creation and changes in unemployment.
Year of publication: |
2010
|
---|---|
Authors: | Faria, João Ricardo ; Cuestas, Juan Carlos ; Mourelle, Estefanía |
Published in: |
Economic Modelling. - Elsevier, ISSN 0264-9993. - Vol. 27.2010, 5, p. 1282-1291
|
Publisher: |
Elsevier |
Keywords: | New firms Employment creation Causality Nonlinearities STAR-EXT |
Saved in:
Online Resource
Saved in favorites
Similar items by person
-
Entrepreneurship and unemployment : a nonlinear bidirectional causality?
Faria, João Ricardo, (2010)
-
Entrepreneurship and unemployment: A nonlinear bidirectional causality?
Faria, João Ricardo, (2010)
-
Nonlinearities in real exchange rate determination : do African exchange rates follow a random walk?
Cuestas, Juan Carlos, (2011)
- More ...