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The recent literature on endogenous economic growth allows for the effects of fiscal policy on long-term growth. If the social rate of return on investment exceeds the private return, tax policies that encourage investment can raise the growth rate and levels of utility. An excess of the social...
Persistent link: https://www.econbiz.de/10005136740
This paper focuses on the determinants of self-employment among rural to urban migrants in China. Two self …-selection mechanisms are analysed: the first relates to the manner in which migrants choose self-employment or paid work based on the … potential gains from either type of employment; the second takes into account that the determinants of the migration decision …
Persistent link: https://www.econbiz.de/10009205061
Liquidity constraints can affect self-employment in a number of ways. They can prohibit potential entrepreneurs from … constraints on self-employment through the unanticipated receipt of windfall gains. The results suggest that the amount of payment … received has a positive and concave effect on the probability of entering self-employment and on the performance of an existing …
Persistent link: https://www.econbiz.de/10005789051
There is a tremendous diversity in the level and time-series pattern of the self-employment rate across countries … for this diversity is the stage of economic development. While the tendency for the self-employment rate to decline with … self-employment and economic development and to test an explanation for this relationship that is grounded in theory. We …
Persistent link: https://www.econbiz.de/10005791326
paper uses a bi-national survey on immigrant performance to investigate the sorting of individuals into full-time paid-employment … for their integration in the labor market. Since the focus is on the understanding of the self-employment decision, a two …-stage structural probit model is employed that determines the willingness to work full-time (against part-time employment and not …
Persistent link: https://www.econbiz.de/10005123900
Economically active people are either in gainful employment, are unemployed or self-employed. We are interested in the … dynamics of the transitions between these states across the business cycle. It is generally perceived that employment or self-employment … that lead to fluctuations between employment and self-employment, directly or through the unemployment state. Migrants are …
Persistent link: https://www.econbiz.de/10005124236
of wealth, though in potentially complex ways. A non-parametric model of the wealth effect on self-employment is … returns at low wealth, suggesting generally low start-up costs in this setting. The aggregate self-employment rate is an …
Persistent link: https://www.econbiz.de/10005124477
This paper investigates the dynamic relationship between self-employment and unemployment rates. On the one hand, high … rates of self employment may indicate increased entrepreneurial activity reducing unemployment in subsequent periods (the … two distinct relationships between unemployment and self-employment: the 'refugee' and 'entrepreneurial' effects. We also …
Persistent link: https://www.econbiz.de/10005136514
-employed individuals and understand their underlying drive into self-employment. At the same time we investigate how immigrant … that the probability of self-employment increases significantly with age for all groups albeit at a decreasing rate. Among … immigrants, Turks are twice as likely to choose self-employment as any other immigrant group. The age-earnings profiles of self …
Persistent link: https://www.econbiz.de/10005497816
labour market states: self-employment, employment, and unemployment. This enables us to assess the effects of changes in … been successful in promoting the entrance into self-employment, but not in preventing the exit from self-employment. …
Persistent link: https://www.econbiz.de/10005067538