Faria, Joao Ricardo; Cuestas, Juan Carlos; Mourelle, … - Nottingham Trent University, Nottingham Business … - 2008
This paper tests the view that the relation between unemployment and entrepreneurship is dynamic and possibly nonlinear. It performs Granger-causality tests and STAR-EXT estimation to assess the causality direction and the nonlinear nature of the relation for a set of OECD countries. The results...