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Research on entrepreneurship often uses information on self-employment to proxy for business creation and innovative …
Persistent link: https://www.econbiz.de/10011126339
This paper considers a real business cycle model with search frictions in the labor market and labor supply which is elastic along the extensive (participation) margin. Previous authors have found that such models generate counterfactually procyclical unemployment and a positively-sloped...
Persistent link: https://www.econbiz.de/10010745347
I examine the dynamic evolutions of unemployment, hours of work and the service share since the war in the United States and Europe. The theoretical model brings together all three and emphasizes technological growth. Computations show that the very low unemployment in Europe in the 1960s was...
Persistent link: https://www.econbiz.de/10010746048
This paper presents information on labour market mobility in 23 EU countries, using Eurostat’s Labour Force Survey (LFS) data over the period 1998-2008. More specifically, it discusses alternative measures of labour market churning; including the ease with which individuals can move between...
Persistent link: https://www.econbiz.de/10011071237
London is one of the world’s major cities, and one of its most diverse. London’s cultural diversity is widely seen as a social asset, but there is little hard evidence on its importance for the city’s businesses. Theory and evidence suggest various links between urban cultural diversity...
Persistent link: https://www.econbiz.de/10010745829
The standard New Keynesian model suffers from the so-called .macro-micro pricing conflict: in order to match the dynamics of inflation implied by macroeconomic data, the model needs to assume an average duration of price contracts which is much longer than what is observed in micro data. Here I...
Persistent link: https://www.econbiz.de/10010745233
I analyze optimal monetary policy in an economy with search and matching frictions in the labor market and staggered nominal wage and price contracts. In this framework, as opposed to the standard New Keynesian model, preset nominal wages need not have any effect on existing employment...
Persistent link: https://www.econbiz.de/10010746129
‘Work-life balance’ generally refers to how people may combine paid employment with family responsibilities. The UK government’s attempts to promote work-life balance are connected to wider concerns to maximise labour-force participation and include policies on tax credits, child care and...
Persistent link: https://www.econbiz.de/10011126053
We study the link between self-employment and some salient aspects of entrepreneurship – namely business creation and … not evident when focussing on entrepreneurship. Finally, we show that the misalignment between self-employment and our … proxies for entrepreneurship in rural areas disappears once we account for local labour market conditions. Our results suggest …
Persistent link: https://www.econbiz.de/10011126578
Persistent link: https://www.econbiz.de/10010967095