unemployment relative to wage employment, and that self-employment increases with this ratio. To understand the sources of these … matches, and calibrate it to match all transition rates between wage employment, unemployment and self-employment as well as … that labor market frictions affect self-employment as much as unemployment. Labor market frictions also reduce aggregate …

been influenced by specific exogenous shocks, the effects of entrepreneurship on unemployment are not different when …This paper examines the relationship between entrepreneurship (as measured by fluctuations in the business ownership … rate) and unemployment in Japan for the period between 1972 and 2002. We find that, although Japan’s unemployment rate has …

This paper investigates the dynamic relationship between self-employment and unem-ployment rates. On the one hand, high … unemployment rates may lead to start-up activity of self-employed individuals (the "refugee" effect). On the other hand, higher … rates of self-employment may indicate increased entrepreneurial activity reducing unemployment in subsequent periods (the …

This paper investigates the dynamic interrelationship between self-employment and unemployment rates. On the one hand …, unemployment rates may stimulate start-up activity of self-employed. On the other hand, higher rates of self-employment may … indicate increased entrepreneurial activity reducing unemployment in subsequent periods. These two effects have resulted in …

We develop a model where workers, anticipating the possibility of unemployment, invest in connections to access …

paper, we present a model with equilibrium unemployment which has three distinctive properties. First, using a search and …, which allows the model to reproduce the fluctuations of unemployment over the business cycle. And third, the model implies a … reasonable elasticity of steady state unemployment with respect to changes in benefits. The calibration of the model implies low …

This paper compares models used to explain OECD unemployment. The models suggest that the ?natural rate of unemployment …

increasing the number of workers embedded in the social networks can increase the unemployment rate and decrease workers welfare …

In a multi-country general equilibrium economy with mobile capital and rigid-wage unemployment, countries may differ in … conditions under which - in contrast to free trade with undistorted labor markets - welfare declines and unemployment increases …

In a multi-country general equilibrium economy with mobile capital and rigid-wage unemployment, countries may differ in … conditions under which - in contrast to free trade with undistorted labor markets - welfare declines and unemployment increases …