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Labor force transitions are empirically examined using CPS data matched across months from 1996-2012 for Hispanics, African-Americans and whites. Transition probabilities are contrasted prior to the Great Recession and afterwards. Estimates indicate that minorities are more likely to be fired as...
Persistent link: https://www.econbiz.de/10011432552
conditions are a major determinant of entrepreneurship. Higher local unemployment rates are found to increase the probability … individuals who are initially not employed respond more to high local unemployment rates by starting businesses than wage … influences resulting in higher levels of business creation. Using the regression estimates for the local unemployment rate …
Persistent link: https://www.econbiz.de/10009712435