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Relationship between Entrepreneurship and Unemployment: is Portugal an Outlier?
The paper examines the relationship between entrepreneurship, as measured by the variation in business ownership rates, and unemployment in Portugal in the period from 1972-2002. It concludes that Portugal has been a relative outlier in regard to the effects of entrepreneurship on unemployment when compared with the OECD average.
Link
ftp://papers.mpiew-jena.mpg.de/egp/discussionpapers/2004-40.pdf