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programs (ALMP) affect the transition rates from unemployment to regular employment and entrepreneurship. We find that the … entrepreneurship hazard is highly responsive with respect to UI incentives, and that the probability of starting up a new business … employment hazard, it has no effect on entrepreneurship. We speculate that this reflects the programs' one-sided focus on job …
Persistent link: https://www.econbiz.de/10010929573
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
We examine the impact of job loss on entrepreneurship behavior in Norway. Our identification strategy relies on the use …
Persistent link: https://www.econbiz.de/10008764576
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