employment, informal employment, unemployment, and nonparticipation. We compute the contribution of each transition rate to … fluctuations in unemployment and informality rates. We identify five stylized facts: (i) Nearly 40% of the fluctuations in the … unemployment rate involves unemployment ins and outs from/to informal jobs. (ii) More than 40% of the fluctuations in informality …

model of endogenous entrepreneurship, labor market frictions, and firm-size dynamics with many types of rigidities, such as … hiring and firing costs, search frictions with vacancy costs, unemployment benefits, firm entry costs, and a tax wedge …

in Chile is mostly due to a decrease in the in ow transition rate from unemployment as well as an increase in the out ow … transition rates to unemployment and informality. …

picking up. Unemployment remained high and employment rates were low, especially among women, the young and older workers. The …

entrepreneurship is introduced, where individuals can choose not to work, become entrepreneurs, or work in one of the two sectors … entrepreneurship in the United States. …

, enablers of entrepreneurship, potential entrepreneurs, etc. The purpose of this paper is to examine the relationship between …

entrepreneurship is introduced, where individuals can choose not to work, become entrepreneurs, or work in one of the two sectors … entrepreneurship in the United States …

entrepreneurship is introduced, where individuals can choose not to work, become entrepreneurs, or work in one of the two sectors … entrepreneurship in the United States …

have high rates of unemployment relative to wage employment, and that self-employment is particularly high where the … unemployment-wage employment ratio is high. I interpret high unemployment-employment ratios as evidence of labor market frictions … labor market frictions can explain almost the entire variation in not only unemployment, but also wage employment and self …