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Does self-employment reduce unemployment?

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dc.creator Audretsch, David B.
dc.creator Carree, Martin A.
dc.creator van Stel, André J.
dc.creator Thurik, A. Roy
dc.date 2005
dc.date.accessioned 2013-10-16T07:07:58Z
dc.date.available 2013-10-16T07:07:58Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/19998
dc.identifier ppn:494667567
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/19998
dc.description This paper investigates the dynamic interrelationship between self-employment and unemployment rates. On the one hand, unemployment rates may stimulate start-up activity of self-employed. On the other hand, higher rates of self-employment may indicate increased entrepreneurial activity reducing unemployment in subsequent periods. These two effects have resulted in considerable ambiguities about the interrelationship between unemployment and entrepreneurial activity. This paper introduces a two-equation vector autoregression model capable of reconciling these ambiguities and tests it for data of 23 OECD countries over the period 1974-2002. The empirical results confirm the two distinct relationships between unemploy-ment and self-employment, i.e. "refugee" and "entrepreneurial" effects. We also find that the "entrepreneu-rial" effects are considerably stronger than the "refugee" effects.
dc.language eng
dc.relation Papers on entrepreneurship, growth and public policy 0705
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject M13
dc.subject L11
dc.subject ddc:330
dc.subject entrepreneurship
dc.subject Gibrat's Law
dc.subject self-employment
dc.subject unemployment
dc.subject Selbstständige
dc.subject Beschäftigungseffekt
dc.subject Arbeitslosigkeit
dc.subject VAR-Modell
dc.subject OECD-Staaten
dc.title Does self-employment reduce unemployment?
dc.type doc-type:workingPaper
dc.coverage 1974-2002


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