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More than ten percent of Americans with recent work experience say they will continue social distancing after the COVID-19 pandemic ends, and another 45 percent will do so in limited ways. We uncover this Long Social Distancing phenomenon in our monthly Survey of Working Arrangements and...
Persistent link: https://www.econbiz.de/10013435130
We develop a preliminary version of an Integrated Longitudinal Business Database (ILBD) that combines administrative records and survey data for all employer and nonemployer business units in the United States. Unlike other large-scale business databases, the ILBD tracks business transitions...
Persistent link: https://www.econbiz.de/10012465428
.5 percent below the 1990 peak and a mere one percent above the 1993 trough. Employment rates tell a similar story. Our …
Persistent link: https://www.econbiz.de/10012465893
, we exploit the recently developed Longitudinal Business Database (LBD), which contains annual observations on employment …, the employment-weighted mean volatility of firm growth rates has declined by more than 40% since 1982. This result stands … volatility among privately held firms. This pattern holds in every major industry group. Employment shifts toward older …
Persistent link: https://www.econbiz.de/10012466311
Employment rates in Puerto Rico range from 55 to 65 percent of U.S. rates during the past thirty years. This huge … employment shortfall holds for men and women, cuts across all education groups, and is deeper for persons without a college … educated workers. Motivated by these facts, we identify several factors that undermine employment growth and business …
Persistent link: https://www.econbiz.de/10012466997
We rely on a decomposition of employment changes into job creation and job destruction components - and a novel set of … inferences: 1) The data favor a many- shock characterization of fluctuations in employment and job reallocation, 2) Theories of … employment fluctuations that attribute a predominant role to aggregate shocks must in order to fit the data involve …
Persistent link: https://www.econbiz.de/10012473059
find that policy uncertainty raises stock price volatility and reduces investment and employment in policy … foreshadow declines in investment, output, and employment in the United States and, in a panel VAR setting, for 12 major …
Persistent link: https://www.econbiz.de/10012457036
, age, and prior growth. Relative to controls, employment at target establishments declines 3 percent over two years post … at target firms are less than 1 percent of initial employment. In contrast, the sum of gross job creation and destruction … at target firms exceeds that of controls by 13 percent of employment over two years. In short, private equity buyouts …
Persistent link: https://www.econbiz.de/10012461259
Stock prices and workplace mobility trace out striking clockwise paths in daily data from mid-February to late May 2020. Global stock prices fell 30 percent from 17 February to 12 March, before mobility declined. Over the next 11 days, stocks fell another 10 percentage points as mobility dropped...
Persistent link: https://www.econbiz.de/10012482538
employment in many jobs and for many workers. This development lowered wage-growth pressures along the transition path to a new …
Persistent link: https://www.econbiz.de/10014576613