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
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
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
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 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 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
opportunity entrepreneurs, who voluntarily pursue a business opportunity, and necessity entrepreneurs, who lack alternative … indicate that the returns to a year of education for opportunity entrepreneurs are 3.5 percentage points higher than the paid … employees' rate of 8.1%, but 6.5 percentage points lower for necessity entrepreneurs. …
Persistent link: https://www.econbiz.de/10011128857
Germany experienced a unique rise in the level of self-employment in the first two decades following unification. Applying the non-linear Blinder-Oaxaca decomposition technique, we find that the main factors driving these changes in the overall level of self-employment are demographic...
Persistent link: https://www.econbiz.de/10011164333
This study investigates the impact of foreign bank penetration in Central and Eastern Europe on firm entry. We demonstrate that the acquisition of domestic banks by foreign investors has led to reduced firm creation, smaller average size of entrants and increased firm exit in opaque industries...
Persistent link: https://www.econbiz.de/10010783951
employee, while the median solo entrepreneur earns less. However, solo entrepreneurship pays for those with a university … distribution in their previous salaried job. Surprisingly, the variation in hourly incomes of solo entrepreneurs is higher than … that of entrepreneurs with employees. …
Persistent link: https://www.econbiz.de/10010961524