conditions are a major determinant of entrepreneurship. Higher local unemployment rates are found to increase the probability … opportunities in the wage/salary sector leaving the net effect on entrepreneurship ambiguous. The most up-to-date microdata … entrepreneurship at the individual level to shed light on this question. Regression estimates indicate that local labor market …

This paper studies a two-region model in which unemployment, education decisions and interregional migration are … change reduces wages of the unskilled. Both education and migration decisions are distorted by a uniform unemployment … endogenous. The poorer region exhibits both lower wages and higher unemployment rates, and migrants to the richer region are …

minimum wage causes more unemployment, but also leads to more skill formation as unemployment is concentrated on low … gains of more skill formation outweigh the social welfare losses of increased unemployment. Using a highly conservative …

educational type with high consumption value and low effort costs. This increases the skill mismatch and aggregate unemployment in …

on how wages and unemployment rates adjust to economic integration. We distinguish between short-run effects for a given …

dimensions: Involuntary unemployment and income inequality between entrepreneurs and workers increase, and so does inequality …

cannot easily switch industries and wages are inflexible in the short run, globalization tends to increase unemployment. In … this situation, government unemployment benefits reduce the wages that exporting firm’s need to pay workers as risk … state can simultaneously cause an increase in unemployment and exports. …

fragmentation. This gives us a theoretical framework in which wage inequality and unemployment rates are co-determined and therefore … fragmentation. We also explore how preferences for fair wages and the size of unemployment benefits govern the employment effects of … outsourcing and critically assess the role of political intervention that aims to reduce unemployment benefits under …

a severe macroeconomic recession with mass unemployment. By the early 1990s, workers on fixed-term contracts accounted …