SELF-EMPLOYMENT: ENTREPRENEURSHIP OR REFUGE FROM UNEMPLOYMENT? EL EMPLEO AUTONOMO: ¿EMPRENDEDURISMO O REFUGIO DEL DESEMPLEO?

Wilfredo Toledo

Revista Internacional Administracion & Finanzas, 2020, vol. 13, issue 1, 1-13

Abstract: The dynamics of self-employment have been examined in the literature from various perspectives. There are two hypotheses concerning the dynamics of this type of employment. One asserts it is the result of entrepreneurial capacities. The other states that these are low-quality jobs that bloom in economic downturns. This article examines this topic using a panel of the seven largest countries of the Organization for Economic Co-operation and Development from 1960 to 2015. A single equation linear regression model and a vector autoregressions system were estimated. The results of the estimation of the models suggest that self-employment behaves countercyclically

Keywords: Self-Employment; Economic Cycle; Structural Vector Autoregressive Models (search for similar items in EconPapers)
JEL-codes: C32 E00 E26 E32 (search for similar items in EconPapers)
Date: 2020
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