| 来源类型 | Discussion paper
|
| 规范类型 | 论文
|
| 来源ID | DP4741
|
| DP4741 Inequality, Technology and the Social Contract |
| Roland Benabou
|
| 发表日期 | 2004-11-23
|
| 出版年 | 2004
|
| 语种 | 英语
|
| 摘要 | Economically active people are either in gainful employment, are unemployed or self-employed. We are interested in the dynamics of the transitions between these states across the business cycle. It is generally perceived that employment or self-employment are absorbing states. However, innovations, structural changes and business cycles generate strong adjustment processes that lead to fluctuations between employment and self-employment, directly or through the unemployment state. Migrants are more likely to be sensitive to adjustment pressures than natives, since they have less stable jobs and choose more often self-employment to avoid periods of unemployment. These issues are investigated using a huge micro data set generated from 19 waves of the German Socioeconomic Panel. The findings suggest that the conditional probabilities of entry into self-employment are more than twice as high from the status of unemployment as from the status of employment. Self-employment is also an important channel back to regular employment. Business cycle effects strongly impact the employment transition matrix, and migrants take a larger part in the adjustment process. They use self-employment as a mechanism to circumvent and escape unemployment and to integrate into the host country's labour market. |
| 主题 | Labour Economics
|
| 关键词 | Self-employment
entrepreneurship
Business cycle
Migration
Markov chain analysis
|
| URL | https://cepr.org/publications/dp4741
|
| 来源智库 | Centre for Economic Policy Research (United Kingdom)
|
| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/533658
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推荐引用方式
GB/T 7714 |
Roland Benabou. DP4741 Inequality, Technology and the Social Contract. 2004.
|
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