Economic growth and unemployment exhibit an ambiguous relationship – according to empirical studies. This ambiguity can …, unemployment may be absorbed by underground firms, which adopt backward technology, at the cost of reduced economic growth …. Alternatively, unemployment diminishes because productivity grows by employing workers who prefer to become skilled, and thus not to …

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 develops a search and matching model of equilibrium unemployment, with on-the-job search, extended to both … the informal sector and entrepreneurship. Three are the key features of this model: the entrepreneurial ability affects … large, an increase in labour market tightness increases the unemployment rate and then the ‘vacancies-unemployment …

A matching model will explain both unemployment and economic growth by considering the underground sector. Three … between underground employment and unemployment, and (iii) between growth and unemployment. The key assumptions adopted are … underground firms, employ unskilled labour, and do not contribute to growth. Underground employment alleviates unemployment only …

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 unemployment 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 …

Prevailing trade theory is a neglected stepchild of economics. Micro rejects the sole reason for trade’s occurrence. It … declares zero profit in equilibrium. Monetary theory and macroeconomics dismiss concerns of trade financing. They assert that … money has nothing to do with traded output, but everything to do with storing value. But now a new trade theory takes over …

-employment increases the probability of self-employment significantly, and self-employment goes along with a higher risk of future non-employment. …