Congregado, Emilio; Fossen, Frank M.; Rubino, Nicola; … - 2024
deterministic breaks. We also present results for the different Spanish regions and industrial sectors. We find that hysteresis is … firm formation exhibit hysteresis, such that shocks, including those induced by temporary policy interventions, have … of new opportunity and new necessity entrepreneurship for the 17 Spanish regions. To test whether exogenous shocks have …