Audretsch, David B.; Carree, Martin Anthony; Stel, … - 2005 - This version: October 2007
This paper investigates the dynamic relationship between self-employment and unemployment rates. On the one hand, high … unemployment rates may lead to start-up activity of self-employed individuals (the “refugee” effect). On the other hand, higher … rates of self-employment may indicate increased entrepreneurial activity reducing unemployment in subsequent periods (the …