Showing 1 - 8 of 8
A matching model will explain both unemployment and economic growth by considering the underground sector and human capital. Three problems can thus be simultaneously accounted for: (i) the persistence of the underground sector, (ii) the ambiguous relationships between underground employment and...
Persistent link: https://www.econbiz.de/10009492745
This paper shows that the behavior of entrepreneurs facing incomplete financial markets and risky investment can explain why growth accelerations in developing countries tend to be associated with current account improvements. The uninsurable risk of losing invested capital forces entrepreneurs...
Persistent link: https://www.econbiz.de/10008519499
Entrepreneurs do not form a homogeneous set who can be distinguished from non-entrepreneurs on the basis of their personality characteristics. In Romania, the Small and Medium Enterprises (SMEs) have a young history of 19 years behind. The present paper aims to outline the profile of the...
Persistent link: https://www.econbiz.de/10008495373
that entrepreneurship has important economic value. Hence, a systematic review is provided that answers the question: What … group'? A fourth type of contribution studied is the role of entrepreneurship in increasing individuals' utility levels …
Persistent link: https://www.econbiz.de/10005090524
This paper investigates the relation between changes in self-employment and changes in unemployment at the regional level in Spain in the period 1979-2001. We estimate a vector autoregression model as proposed by Audretsch, Carree, van Stel and Thurik (2005) using a data base for Spanish...
Persistent link: https://www.econbiz.de/10005090596
if the monitoring rate is sufficiently low. Policies for entrepreneurship and monitoring would help both economic growth …
Persistent link: https://www.econbiz.de/10008763164
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
opportunities in the wage/salary sector leaving the net effect on entrepreneurship ambiguous. The most up-to-date microdata … entrepreneurship at the individual level to shed light on this question. Regression estimates indicate that local labor market … conditions are a major determinant of entrepreneurship. Higher local unemployment rates are found to increase the probability …
Persistent link: https://www.econbiz.de/10009024604