Abstract
We find new empirical regularities in the business cycle in a cross-country panel of 22 OECD countries for the period 1972-2007; entrepreneurship Granger-causes the cycles of the world economy. Furthermore, entrepreneurial activity is affected by national unemployment levels. We discuss possible causes and implications of these findings.
| Original language | English |
|---|---|
| Pages (from-to) | 1143-1156 |
| Number of pages | 14 |
| Journal | The Review of Economics and Statistics |
| Volume | 94 |
| Issue number | 4 |
| DOIs | |
| Publication status | Published - 19 Nov 2011 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
-
SDG 8 Decent Work and Economic Growth
Research programs
- EUR ESE 30
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