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The need for entrepreneurship for economic development has always been crucial in the history of successful nations and developed economies because entrepreneurs are the leaders who invent innovative ideas that give spark to economic activities. Entrepreneurship is a key determinant of...
Persistent link: https://www.econbiz.de/10011170212
among firms affects simultaneously growth and unemployment. On the one hand, an increase of the elasticity of substitution …
Persistent link: https://www.econbiz.de/10011092234
The article investigates the relationship between economic growth, foreign direct investment and unemployment in five … also indicate that FDI has a negative influence on unemployment and this implies that an increase of FDI can contribute to … reducing the unemployment rate in Central Asia. We also found that GDP and unemployment do not cause other variables, while FDI …
Persistent link: https://www.econbiz.de/10014553708
most likely responsible for a considerable part of European unemployment. …
Persistent link: https://www.econbiz.de/10010300409
This study presents an overlapping-generations model featuring endogenous growth, collective wage-bargaining, and probabilistic voting over fiscal policy. We charac- terize a Markov-perfect political equilibrium of the voting game within and across generations and show the following results....
Persistent link: https://www.econbiz.de/10010894640
) unemployment benefit such as tomaximise the long-run stock of capital. Furthermore, given the union's wage, a benevolent government … is able to pick up exactly a value of the unemployment bonus such as to obtain a welfare maximum. These resultsmay have …
Persistent link: https://www.econbiz.de/10005769622
This paper examines the interrelations between self-employment and unemployment rates for Spain in the period 1972 … Stel and Thurik (2005) to Spain. The divergence between predicted and actual unemployment levels in Spain are explained by … industrial structure is characterized by a relatively high and fluctuating unemployment level and a relatively high and stable …
Persistent link: https://www.econbiz.de/10005814429
most likely responsible for a considerable part of European unemployment …
Persistent link: https://www.econbiz.de/10001473937
most likely responsible for a considerable part of European unemployment. …
Persistent link: https://www.econbiz.de/10008462116
Wald test and error correction model provide exactly the same conclusion of a uni-directional causality from unemployment … contrary to unemployment–output relationship even though unemployment rate determines the real output growth in Nigeria but not … drastic reduction of unemployment which is a pointer to increasing aggregate demand and output growth in Nigeria in the long …
Persistent link: https://www.econbiz.de/10009788571