Unemployment and financial constraints faced by small firms.

The writer examines the conditions under which the practice of small business owners working for themselves and only employing relatives and friends is an economic outcome, and he considers the link between this outcome and unemployment. He constructs a model of a credit market and its associated l...

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Bibliographic Details

Published in:	Economic Inquiry Vol. 35; pp. 108 - 120
Main Author:	Jefferson, Philip N.
Format:	Article
Published:	Wiley-Blackwell January 1997
Subjects:	Mathematical models of unemployment Small business finance Mathematical models
Online Access:	View this record in EBSCOhost