ambiguities and estimates it for data from 23 OECD countries between 1974 and 2002. The empirical results confirm the existence of …

This paper examines the relationship between entrepreneurship (as measured by fluctuations in the business ownership … been influenced by specific exogenous shocks, the effects of entrepreneurship on unemployment are not different when …

development. Two extensions of the original setup are addressed: using longer time series of averaged data of 23 OECD countries … penalties for being above or under the ‘equilibrium’ rate. The additional data do not provide evidence of a superior statistical …

models based on the established literature. Traditionally, entrepreneurship is not dealt with in these models. In the present … paper it is shown that – when this variable is added - in all models there is a significant influence of entrepreneurship … while the remaining effects mainly stay the same. Entrepreneurship is measured as the business ownership rate (number of …

The present paper examines the relationship between entrepreneurship, as measured by the variation in business … outlier in regard to the effects of entrepreneurship on unemployment when compared with the OECD average. Although the nature … of entrepreneurship may be different in the Portuguese case, due to a high proportion of "micro-businesses" created for …

-equation vector autoregression model capable of reconciling these ambiguities and tests it for data of 23 OECD countries over the …