Article
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Self-Employment in Times of Crisis: The Case of the Spanish Financial Crisis
Version 1
: Received: 5 June 2019 / Approved: 7 June 2019 / Online: 7 June 2019 (12:48:50 CEST)
A peer-reviewed article of this Preprint also exists.
Contreras, S.A. Self-Employment in Times of Crisis: The Case of the Spanish Financial Crisis. Economies 2019, 7, 88. Contreras, S.A. Self-Employment in Times of Crisis: The Case of the Spanish Financial Crisis. Economies 2019, 7, 88.
Abstract
While some researchers have suggested that the self-employment (SE) sector is a haven during a financial Crisis, others believe that SE is not necessarily the desired outcome, but an indicator that the labor market is tightening for some groups. Few researchers have compared the SE sector before and after the occurrence of a significant financial Crisis, especially in developed countries. This paper analyzes the determinants of entry into self-employment during the 2008 Spanish Crisis. Using data from the Encuesta de Presupuesto Familiar (EPF), results show that although the rate of SE did not experience a significant change during this time the Crisis affected people differently based on gender, with being females more affected than males. Results also suggest differences between Comunidades Autonomas in how the self-employment sector behaved during the Crisis.
Keywords
Self-employment; household determinants; financial Crisis
Subject
Business, Economics and Management, Economics
Copyright: This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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