Showing 1 - 10 of 43
We investigate the persistence of levels of self-employment and new business formation in different time periods and … and drastic changes in the politic-economic environment. We thus conclude that regional entrepreneurship cultures do exist …
Persistent link: https://www.econbiz.de/10010896194
This paper considers the question of whether changes in persistence have occurred during the long-run evolution of U … for a structural break when testing for a break in persistence, thus disentangling the effect of a deterministic break … from that of a stochastic break and advancing the existing literature on the persistence properties of non …
Persistent link: https://www.econbiz.de/10009293729
This study examines the long-memory properties of German energy price indices (specifically, import and export prices, as well as producer and consumer prices) for hard coal, lignite, mineral oil and natural gas adopting a fractional integration modelling framework. The analysis is undertaken...
Persistent link: https://www.econbiz.de/10009646237
The paper studies the persistence of profit and its determinants in emerging markets. We apply Markov chain analysis … empirical results show a moderate level of profit persistence, as well as a relatively low speed of adjustment to the steady …-state profit level, thus providing no support for the hypothesis that there is a lower persistence of profits in emerging markets …
Persistent link: https://www.econbiz.de/10004963898
rate, namely its persistence and cyclical behaviour. It examines annual, monthly, bi-weekly and weekly data, from 1954 …
Persistent link: https://www.econbiz.de/10010592916
This paper examines the degree of persistence of youth unemployment (total, male and female) in twenty-four countries … longmemory processes respectively. The evidence suggests that persistence is particularly high in Japan and some EU countries …
Persistent link: https://www.econbiz.de/10010601624
In developing and transition economies, microlending has become an effective instrument for providing micro businesses with the necessary financial resources to launch operations. In the industrialized countries, with their highly developed banking systems, however, there has been ongoing debate...
Persistent link: https://www.econbiz.de/10005018669
Why do people engage in entrepreneurship and commit large parts of their personal wealth to their business, despite … suggests possible future research avenues. Key insights from the literature are that entrepreneurs may operate in imperfect … financial markets and that entrepreneurs are less risk-averse than the rest of the population. A focus of this paper is …
Persistent link: https://www.econbiz.de/10010544328
entrepreneurship in Germany between 1991 and 2010, the first two decades after reunification. We investigate the socioeconomic …
Persistent link: https://www.econbiz.de/10009422061
Why are female entrepreneurs so rare? Women have both to a lower entry rate into selfemployment and a higher exit rate …
Persistent link: https://www.econbiz.de/10008461826