Transitions to and from Self-Employment in Spain: An Empirical Analysis
This paper investigates the influence of individual characteristics and the business cycle on the probability of entry into self-employment and on self-employment duration. We estimate multinomial logit and discrete competing risks models using data from a longitudinal sample of Spanish men for the period 1985-1991. The results indicate that unemployment rises the probability of entering self-employment, but also increases the hazard of leaving self-employment, specially into unemployment.
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| Length: | 43 pages |
| Date of creation: | 1997 |
| Handle: | RePEc:fth:cemfdt:9710 |
| Contact details of provider: | Postal: Centro de Estudios Monetarios Y Financieros. Casado del Alisal, 5-28014 Madrid, Spain. Phone: 914290551 Fax: 914291056 Web page: http://www.cemfi.es/ Email: More information through EDIRC
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