Entrepreneurship and Unemployment Cycles： A Delay Differential Equation Approach  

作　　者：Joao Ricardo Faria 

机构地区：[1]MPA Program, University of Texas at E1 Paso, E1 Paso, TX 79968-0703, USA

出　　处：《Frontiers of Economics in China-Selected Publications from Chinese Universities》2013年第2期288-292,共5页中国高等学校学术文摘·经济学（英文版）

摘　　要：This paper is an application of delay differential equations to entrepreneurship and unemployment. It shows that the results of empirical studies can be replicated through a simple DDE. The paper also carries out a comparative study between a solution of a DDE and the observation of cyclic behaviors. The calculated delay （and growth rate） of the entrepreneurship DDE for the US and Spain is 1.25 years （1.25）, for Ireland is 1.75 years （0.89）, and for the UK is 2 years （0.78）. The delay （and growth rate） of the unemployment DDE for the US and Ireland is 1.5 years （1.04）, for Spain is 2 years （0.78）, and for the UK is 2.5 years （0.62）.This paper is an application of delay differential equations to entrepreneurship and unemployment. It shows that the results of empirical studies can be replicated through a simple DDE. The paper also carries out a comparative study between a solution of a DDE and the observation of cyclic behaviors. The calculated delay （and growth rate） of the entrepreneurship DDE for the US and Spain is 1.25 years （1.25）, for Ireland is 1.75 years （0.89）, and for the UK is 2 years （0.78）. The delay （and growth rate） of the unemployment DDE for the US and Ireland is 1.5 years （1.04）, for Spain is 2 years （0.78）, and for the UK is 2.5 years （0.62）.

关 键 词：new firms employment creation cycles delay differential equations 

分 类 号：O241.8[理学—计算数学] F270[理学—数学]