A time-series analysis of US entrepreneurship: evidence from fractional integration

被引：2

作者：

Gil-Alana, Luis A. ^{[1
]}

Payne, James E. ^{[2
]}

机构：

[1] Univ Navarra, Dept Econ, E-31080 Pamplona, Spain

[2] Georgia Coll & State Univ, J Whitney Bunting Coll Business, Milledgeville, GA 31061 USA

来源：

APPLIED ECONOMICS LETTERS | 2015年 / 22卷 / 07期

关键词：

C22; J23; entrepreneurship; fractional integration; self-employment; time series; OECD COUNTRIES; UNEMPLOYMENT; HYSTERESIS;

D O I：

10.1080/13504851.2014.955165

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This empirical note employs fractional integration techniques with allowance for seasonality to infer the degree of persistence in US self-employment rate using monthly data from 2000:01 to 2014:05. The results indicate orders of integration in the range of [0.5,1] implying nonstationary, but mean-reverting behaviour.

引用

页码：521 / 524

页数：4