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Intuit QuickBooks Small Business Index : A New Employment Series for the US, Canada, and the UK
Akcigit, Ufuk; Chhina, Raman; Cilasun, Seyit Mümin; … - National Bureau of Economic Research - 2023
Small and young businesses are essential for job creation, innovation, and economic growth. Even most of the superstar firms start their business life small and then grow over time. Small firms have less internal resources, which makes them more fragile and sensitive to macroeconomic conditions....
Persistent link: https://www.econbiz.de/10014322738
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Projecting Unemployment Durations : A Factor-Flows Simulation Approach With Application to the COVID-19 Recession
Chodorow-Reich, Gabriel - 2020
We propose a three-step factor-flows simulation-based approach to forecast the duration distribution of unemployment … history. Step 2: relate the aggregate components to the overall unemployment rate using a factor model. Step 3: combine the … individual duration dependence, factor structure, and an auxiliary forecast of the unemployment rate to simulate a panel of …
Persistent link: https://www.econbiz.de/10012481421
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The Cyclicality of the Opportunity Cost of Employment
Chodorow-Reich, Gabriel - 2013
The flow opportunity cost of moving from unemployment to employment consists of foregone public benefits and the … is procyclical and volatile over the business cycle. The estimated cyclicality implies far less unemployment volatility …
Persistent link: https://www.econbiz.de/10012458984