The Evolution of U.K. Self‐Employment: A Study of Government Policy and the Role of the Macroeconomy
The Evolution of U.K. Self‐Employment: A Study of Government Policy and the Role of the Macroeconomy
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英国自营职业的演变:政府政策和宏观经济作用的研究
DOI:
10.1111/1467-9957.00073
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发表时间:
1997
期刊:
影响因子:
--
通讯作者:
P. Mitchell
中科院分区:
文献类型:
--
作者:
M. Cowling;P. Mitchell
This paper reports the findings of a time-series analysis exploring the fundamental determinants of the substantial rise in UK self-employment over the period 1972-92. The key findings are that the self-employed/wage employed income differential has a high and positive effect upon the proportion of the workforce in self-employment, supporting alternative wage theories of labor market status, as does housing wealth, supporting credit rationing theories. Perhaps the most interesting feature concerns the relationship between unemployment and self-employment. On this the authors find that it is the duration structure of unemployment that matters not simply the stock of unemployed people. This evidence may imply that self-employment is a last resort for certain individuals marginalized in the employed sector and facing lengthy spells of unemployment. Copyright 1997 by Blackwell Publishers Ltd and The Victoria University of Manchester