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. We cover the institution's history, implementation, and the best available evidence on its economic impacts. We argue …
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In many countries unemployed people are helped to become self-employed. Self-employment, however, does not necessarily lead to success. Many leave self-employment after a short period and the economic outcome varies greatly. It is important to learn more about the economic outcome for unemployed...
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This paper estimates an unobserved components model to explore the macro dynamics of entrepreneurship in Spain and the … US. We ask whether entrepreneurship exhibits hysteresis, defined as a macro dynamic structure in which cyclical … fluctuations have persistent effects on the natural rate of entrepreneurship. We find evidence of hysteresis in Spain, but not the …
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