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 …

This study analyzes whether economic conditions at the time of labor market entry affect entrepreneurship, using …. Those results are consistent with additional findings that higher unemployment rates at time of graduation significantly …