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 …

'entrepreneurial milieu' affect the decision to start a new business out of unemployment? The econometric study is based on data from a …

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 …

.e., switching from self-employment to unemployment) are substantial and exceed the costs of involuntarily losing a salaried job (i ….e., switching from salaried employment to unemployment). Meanwhile, leaving self-employment has no consequences for selfreported … this traumatic event. Our findings imply that policies encouraging entrepreneurship should also carefully consider the …