@techreport{Audretsch2005Does,
abstract = {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.},
author = {David B. Audretsch and Martin A. Carree and Andr\'{e} J. van Stel and A. Roy Thurik},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {M13; L11; 330; entrepreneurship; Gibrat's Law; self-employment; unemployment; Selbstst\"{a}ndige; Besch\"{a}ftigungseffekt; Arbeitslosigkeit; VAR-Modell; OECD-Staaten},
language = {eng},
number = {0705},
title = {Does self-employment reduce unemployment?},
type = {Papers on entrepreneurship, growth and public policy},
url = {http://hdl.handle.net/10419/19998},
year = {2005}
}
