Template-Type: ReDIF-Paper 1.0
Author-Name:  Joao Ricardo Faria
Author-Name:  Juan Carlos Cuestas
Author-Name:  Luis Gil-Alana
Title: Unemployment and entrepreneurship: a cyclical relationship?
Abstract: This paper presents a cyclical model for unemployment and
entrepreneurship. The estimated periodicity of the cycles for the US, the UK, Spain
and Ireland is between 5 and 10 years, and the orders of integration are smaller
(greater) than 1 if the underlying disturbances are autocorrelated (white noise),
corresponding to dampen cycles (limit cycle).
File-URL: http://www.ntu.ac.uk/__data/assets/pdf_file/0021/310188/Unemployment-and-entrepreneurship.pdf
File-Format: Application/pdf
File-Function: First version, 2008
Creation-Date:  2008-02
Classification-JEL: J69, L26, M13
Keywords: New firms, Employment creation, cycles.
Handle: RePEc:nbs:wpaper:2008/2