Unemployment benefits, entrepreneurship policies, and new business creation

1 Does Entrepreneurship Reduce Unemployment ?

The relationship between unemployment and entrepreneurship has been shrouded with ambiguity. On the one hand, one strand in the literature has found that unemployment stimulates entrepreneurial activity, which has been termed as a “refugee effect”. On the other hand, a very different strand in the literature has identified that higher levels of entrepreneurship reduce unemployment, or what has ...

Promoting Entrepreneurship amidst Poverty and Unemployment: the Role of Nigerian Educational Policies

Article History Received: 10 May 2017 Revised: 14 July 2017 Accepted: 31 July 2017 Published: 9 August 2017

New Business Creation and Russian Economic Recovery

The Effects of Unemployment Insurance Benefits: New Evidence and Interpretation∗

The Great Recession has renewed interest in Unemployment Insurance (UI) programs around the world. At the same time, there have been important advances in both theory and measurement of UI. In this paper, we first use the theory to present a unified treatment of the welfare effects of UI benefit levels and durations and derive convenient expressions of the disincentive effect of UI. We then dis...

On Wage Policies and Unemployment

In economies where the price of labour is determined outside of competitive markets the question arises as to whether the observed evolution of wages is likely to contribute to a decline in unemployment. I develop and discuss a benchmark, the neutral wage policy, to which the actual evolution of wages can be compared. Here, neutrality refers to the unemployment rate and not to the level of empl...