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首页> 外文期刊>Journal of Economic Dynamics and Control >Self-employment and business cycle persistence: Does the composition of employment matter for economic recoveries?
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Self-employment and business cycle persistence: Does the composition of employment matter for economic recoveries?

机译：自营职业和商业周期的持久性：就业构成对经济复苏有影响吗？

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Self-employment comprises an important share of employment in many countries, and tends to expand during downturns through higher inflows from unemployment Furthermore, countries with higher self-employment shares exhibit lower cyclical output persistence. I build a business cycle model with frictional labor markets where individuals can be self-employed or salaried employed. I show that economies with larger self-employment shares exhibit faster economic recoveries. Differences in the ease of entry into self-employment as the economy recovers explain the contrasting cyclical dynamics. The model successfully captures the cyclical patterns of self-employment and the relationship between self-employment and output persistence in the data.
机译：自营职业在许多国家中占就业的重要份额，并且在经济低迷时期往往会因失业人数增加而扩大，而且，自营职业所占比例较高的国家的周期性产出持久性较低。我建立了具有摩擦性劳动力市场的商业周期模型，在该市场中个人可以自雇或受薪工作。我表明，个体经营份额较大的经济体的经济复苏速度更快。随着经济复苏，自营职业的难易程度上的差异解释了相反的周期性动态。该模型成功地捕获了个体经营的周期性模式以及数据中个体经营与产出持续性之间的关系。

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