Self-employment and the local business cycle

Arbeitspapier

The business cycle is likely to be of importance for self-employment rates. When the economy is growing, business opportunities open up and encourage the set-up of new firms. In downturns, self-employment may be a way to avoid unemployment. The strength of these pull and push factors may depend on the amount of human capital a person has. The findings in this paper show that although the local business cycle is of minor importance for total self-employment rates in Sweden, there are heterogeneous effects across groups. People with higher human capital endowments are more likely to be pulled into self-employment, while those with lower human capital endowments are to a larger extent pushed into self-employment. This pattern is particularly strong for women.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Working Paper ; No. 2013:15

Classification and Topics

• Classification: Wirtschaft ; Labor Force and Employment, Size, and Structure ; Human Capital; Skills; Occupational Choice; Labor Productivity
• Subject: self-employment ; local business cycle ; panel data

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Svaleryd, Helena
• Event: Veröffentlichung
• (who): Uppsala University, Department of Economics
• (where): Uppsala
• (when): 2013

Further information

• Handle: http://hdl.handle.net/10419/82584
• URN: urn:nbn:se:uu:diva-206313
• Last update: 10.03.2025, 11:42 AM CET