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Self-employment duration during the COVID-19 pandemic: A competing risk analysis

The COVID-19 pandemic has caused hardship to both individuals and businesses. Aggregate data indicate large increases in unemployment and bankruptcy since the beginning of the pandemic, but it is unclear which individuals and businesses are the most vulnerable. With “work absence”, “wage employment”...

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Autor principal: Grashuis, Jasper
Formato: Online Artículo Texto
Lenguaje:English
Publicado: 2021
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9766202/
http://dx.doi.org/10.1016/j.jbvi.2021.e00241
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author Grashuis, Jasper
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description The COVID-19 pandemic has caused hardship to both individuals and businesses. Aggregate data indicate large increases in unemployment and bankruptcy since the beginning of the pandemic, but it is unclear which individuals and businesses are the most vulnerable. With “work absence”, “wage employment” and “unemployment” as three competing risks or events, we study the relationships of owner characteristics to self-employment duration during the COVID-19 pandemic (January-December 2020) in the United States with data from 19,174 respondents to the Current Population Survey. We find that several owner characteristics relate significantly to self-employment duration during the COVID-19 pandemic. Specifically, young, female, and non-White self-employed individuals face a relatively high risk of unemployment. These and other findings have profound implications for policymakers.
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spelling pubmed-97662022022-12-21 Self-employment duration during the COVID-19 pandemic: A competing risk analysis Grashuis, Jasper Journal of Business Venturing Insights Article The COVID-19 pandemic has caused hardship to both individuals and businesses. Aggregate data indicate large increases in unemployment and bankruptcy since the beginning of the pandemic, but it is unclear which individuals and businesses are the most vulnerable. With “work absence”, “wage employment” and “unemployment” as three competing risks or events, we study the relationships of owner characteristics to self-employment duration during the COVID-19 pandemic (January-December 2020) in the United States with data from 19,174 respondents to the Current Population Survey. We find that several owner characteristics relate significantly to self-employment duration during the COVID-19 pandemic. Specifically, young, female, and non-White self-employed individuals face a relatively high risk of unemployment. These and other findings have profound implications for policymakers. 2021-06 2021-03-30 /pmc/articles/PMC9766202/ http://dx.doi.org/10.1016/j.jbvi.2021.e00241 Text en Since January 2020 Elsevier has created a COVID-19 resource centre with free information in English and Mandarin on the novel coronavirus COVID-19. The COVID-19 resource centre is hosted on Elsevier Connect, the company's public news and information website. Elsevier hereby grants permission to make all its COVID-19-related research that is available on the COVID-19 resource centre - including this research content - immediately available in PubMed Central and other publicly funded repositories, such as the WHO COVID database with rights for unrestricted research re-use and analyses in any form or by any means with acknowledgement of the original source. These permissions are granted for free by Elsevier for as long as the COVID-19 resource centre remains active.
spellingShingle Article
Grashuis, Jasper
Self-employment duration during the COVID-19 pandemic: A competing risk analysis
title Self-employment duration during the COVID-19 pandemic: A competing risk analysis
title_full Self-employment duration during the COVID-19 pandemic: A competing risk analysis
title_fullStr Self-employment duration during the COVID-19 pandemic: A competing risk analysis
title_full_unstemmed Self-employment duration during the COVID-19 pandemic: A competing risk analysis
title_short Self-employment duration during the COVID-19 pandemic: A competing risk analysis
title_sort self-employment duration during the covid-19 pandemic: a competing risk analysis
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9766202/
http://dx.doi.org/10.1016/j.jbvi.2021.e00241
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