Owyang, Michael T.; Piger, Jeremy M.; Wall, Howard J.; … - Federal Reserve Bank of St. Louis - 2007
the notion that city-level characteristics influence employment growth equally across the phases of the business cycle. … the phases of the business cycle.
JEL: R11
Keywords: Growth in cities, business cycle phases ….
Similarly, if the employment dynamics of small firms are more volatile over the business
cycle than those of large firms …