This paper investigates the determinants of the transitions from unemployment to paid employment, own-account work, and employership in Europe, with special focus on the role of some macroeconomic variables. Our results suggest that the coexistence of recession periods, start-up incentives, and...

This paper summarizes the main results of the empirical research on self-employment dynamics —particularly entry and success— and discusses their possible implications on entrepreneurial policy effectiveness. The main goal of this study is to promote a debate on this topic, encouraging...

The goal of this paper is to compare a reduced version of a social accounting matrix (SAM) for Andalusia and Catalunya. Using available data for Regional Accounts, Input-output tables, etc., we provide a complete picture of flow among economic agents (four producers, one consumer, the Government...

Many regional development policy initiatives assume that entrepreneurial activities promote economic growth. Empirical research has presented rationale for this argument showing that small firms create proportionally more new jobs than large ones. However, little research has been performed on...

quarter of 2012, almost three percentage points higher than one year earlier and almost 12 percentage points higher than at the end of 2008. Although the exponential growth of Spanish unemployment is mainly caused by a lower demand for labor, there is also a second cause, viz. an increased...

This work tries to shed some light on the decision of becoming self-employed with and without employees, distinguishing between paid-employment and unemployment as starting status and exploring if the exposure to foreign competition also influences this decision. In doing so, we apply binary and...

This article estimates two unobserved components models to explore the macrodynamics of entrepreneurship in Spain and the USA. We ask whether entrepreneurship exhibits hysteresis, defined as a macrodynamic structure in which the cyclical component of entrepreneurship has persistent effects on...

Over the last decade, Spain created more jobs than any other country in Europe; however, now it is destroying them at an equal pace. Nevertheless, the relationship between the level of employment and the level of self-employment has remained relatively stable. In this context, there is a...