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Author:Johansson, E.
Title:Self-employment and liquidity constraints: evidence from Finland
Journal:Scandinavian journal of economics
2000 : VOL. 102:1, p. 123-134
Index terms:ECONOMICS
SELF-EMPLOYMENT
LIQUIDITY CONSTRAINTS
Language:eng
Abstract:Using a large Finnish data set, the author studies how wealth influences the decision to become self-employed. The main result is that personal wealth increases the probability of a person becoming self-employed. This suggests the presence of liquidity constraints. The high unemployment rate is the most important economic problem in the European Union. Entrepreneurship and self-employment are frequently mentioned as potential remedies to this problem.
SCIMA record nr: 215461
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