unproductive self-employment in developing countries. We incorporate this view into an otherwise benchmark macro-development model …-identified labor demand shocks. We study the efficacy of a wide range of development policies on occupational choices, prices, and … productivity. We find that providing unemployment benefits improves selection into self-employment, increasing total …

prevalent. We extend a standard macro development model to include unemployment risk, which becomes a key driver of selection …

prevalent. We extend a standard macro development model to include unemployment risk, which becomes a key driver of selection …

This paper will attempt to provide a comprehensive answer to the complex issue of development in sub-Saharan Africa by … source to finance the development of SSA, while ignoring the two main structural issues inherited from colonialism - the … locked the continent in an FDI paradox that prevents it from funding its own development. …

the developing world tends to be low productivity employment, and as countries move up the development path, the …

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 …

unemployment relative to wage employment, and that self-employment increases with this ratio. To understand the sources of these … matches, and calibrate it to match all transition rates between wage employment, unemployment and self-employment as well as … that labor market frictions affect self-employment as much as unemployment. Labor market frictions also reduce aggregate …