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A Matching Model of Endogenous Growth and Underground Firms

Lisi, Gaetano; Pugno, Maurizio - Volkswirtschaftliche Fakultät, … - 2015

Economic growth and unemployment exhibit an ambiguous relationship – according to empirical studies. This ambiguity can be investigated by observing the role of the underground economy in shaping the productivity of firms. Indeed, unemployment may be absorbed by underground firms, which adopt...

Persistent link: https://www.econbiz.de/10011212957

The Underground Economy in a Matching Model of Endogenous Growth

Lisi, Gaetano; Pugno, Maurizio - Volkswirtschaftliche Fakultät, … - 2011

A matching model will explain both unemployment and economic growth by considering the underground sector. Three problems can thus be simultaneously accounted for: (i) the persistence of underground economy, (ii) the ambiguous relationships between underground employment and unemployment, and...

Persistent link: https://www.econbiz.de/10009132744

The Contribution of Business Ownership in Bringing Down Unemployment in Japan

Stel, Andre van; Baljeu, Lendert; Thurik, Roy; Verheul, … - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2006

The relationship between entrepreneurship, measured by fluctuations in the business ownership rate, and unemployment in … different exogenous shocks as compared to other OECD countries, the effects of entrepreneurship on unemployment are not distinct …

Persistent link: https://www.econbiz.de/10005765222

Does Self-Employment Reduce Unemployment?

Audretsch, David B.; Thurik, Roy; Stel, Andre van; … - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2006

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...

Persistent link: https://www.econbiz.de/10005765225

Does Entrepreneurship create enough Jobs in Europe? A Note

Georgiou, Miltiades N. - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2006

"Entrepreneurship, Regional Development and Job Creation: The Case of Portugal" by R. Baptista, V. Escarta and P. Madruga, MPI, # 0605 …, in which the authors conclude (among others) that entrepreneurship creates jobs and reduces unemployment. This extension … will be feasible by estimating the total economy´s entrepreneurship reward for Western European countries and relating it …

Persistent link: https://www.econbiz.de/10005765250

Business Ownership and Unemployment in Japan

Acht, Joost van; Stam, Joop; Thurik, Roy; Verheul, Ingrid - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2004

unemployment in Japan. The question is to what extent business ownership, i.e., entrepreneurship, can reduce the level of …

Persistent link: https://www.econbiz.de/10005588044