This paper is intended to make a contribution to the empirical literature explaining the rise of unemployment since the 1970s in western economies by means of interactions between shocks and institutions. The contribution is twofold. First, the impact of a general feature of developed economies...

This paper is intended to make a contribution to the empirical literature explaining the rise of unemployment since the 1970s in western economies by means of interactions between shocks and institutions. The contribution is twofold. First, the impact of a general feature of developed economies...

The Global Entrepreneurship Monitor (GEM) programfocuses on entrepreneurship and the impact it has on a nation's economic growthand employment opportunities.The process through which GEM was created isdescribed, including details regarding data collection. For the GEM, entrepreneurs are defined...