Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5055262 | Economic Modelling | 2010 | 10 Pages |
Abstract
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 reveal a bidirectional and nonlinear relation between business creation and changes in unemployment.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
João Ricardo Faria, Juan Carlos Cuestas, EstefanÃa Mourelle,