Role of Microenterprises in recovering U.S. Economy- Post 2008 Financial Crisis

Authors

  • Radhika Jha School of Business Metropolitan College of New York
  • Tilokie Depoo School of Business Metropolitan College of New York

Keywords:

Business, Economics, Finance, Micro Enterprises, Income

Abstract

The purpose of this study is to assess the impact of micro enterprises in employment and income generation post-2008 financial crisis in United States. The paper uses a causal correlation research design employing Linear Regression and Kernel Regression analysis. It establishes a stronger positive correlation between employment and income creation as measured by annual payroll for micro firms than that for other firm sizes. The paper suggests that developing micro-enterprises have proven return on investment, making a case for further initiatives by the government and development organizations. Findings from this study will provide useful information to shape economic development policies.

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Published

2017-06-01

How to Cite

Jha, R., & Depoo, T. (2017). Role of Microenterprises in recovering U.S. Economy- Post 2008 Financial Crisis. Journal of Applied Business and Economics, 19(3). Retrieved from https://mail.articlegateway.com/index.php/JABE/article/view/704

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Section

Articles