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A Matching Model of Endogenous Growth and Underground Firms
Lisi, Gaetano; Pugno, Maurizio - Volkswirtschaftliche Fakultät, … - 2015
Economic growth and unemployment exhibit an ambiguous relationship – according to empirical studies. This ambiguity can be investigated by observing the role of the underground economy in shaping the productivity of firms. Indeed, unemployment may be absorbed by underground firms, which adopt...
Persistent link: https://www.econbiz.de/10011212957
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Why do Employees Leave Their Jobs for Self-Employment? – The Impact of Entrepreneurial Working Conditions in Small Firms
Werner, Arndt; Moog, Petra - Volkswirtschaftliche Fakultät, … - 2009
Based on the finding that entrepreneurs who found new firms tend to work as employees of small rather than large firms prior to start-up, we test how different working conditions, which enhance entrepreneurial learning, affect their decision to become entrepreneurs when moderated by firm size....
Persistent link: https://www.econbiz.de/10008540973
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Entrepreneurship and the Hidden Economy: An Extended Matching Model
Pugno, Maurizio; Lisi, Gaetano - Volkswirtschaftliche Fakultät, … - 2010
This paper develops a labour market matching model in order to address the problem of the persistence of the hidden sector and of its regional concentration, as in Italy and in the enlarged Europe. The main novel features of the model are that entrepreneurial ability affects job productivity,...
Persistent link: https://www.econbiz.de/10008646819
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Entrepreneurship, job creation, income empowerment and poverty reduction in low-income economies
Adenutsi, Deodat E. - Volkswirtschaftliche Fakultät, … - 2009
The fundamental objective of this paper is to provide an insight into the role of entrepreneurship in job creation … the theoretical underpinnings of the linkages of entrepreneurship to job creation, income empowerment and poverty … cycle of poverty which has predominantly characterised low-income economies. The paper argues that entrepreneurship is the …
Persistent link: https://www.econbiz.de/10008876876
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The Underground Economy in a Matching Model of Endogenous Growth
Lisi, Gaetano; Pugno, Maurizio - Volkswirtschaftliche Fakultät, … - 2011
A matching model will explain both unemployment and economic growth by considering the underground sector. Three problems can thus be simultaneously accounted for: (i) the persistence of underground economy, (ii) the ambiguous relationships between underground employment and unemployment, and...
Persistent link: https://www.econbiz.de/10009132744
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Do Credit Constraints Matter more for College Dropout Entrepreneurs?
Werner, Arndt - Volkswirtschaftliche Fakultät, … - 2008
Start-ups and their respective market partners are faced with severe problems of asymmetric information due to their lack of prior production history and reputation. Given this situation, it is most likely that outside financiers will not be informed about the potential gains, losses, and risks...
Persistent link: https://www.econbiz.de/10005789869