We analyze and assess new evidence on employment dynamics from a new data source – the National Establishment Time Series (NETS). The NETS offers advantages over existing data sources for studying employment dynamics, including tracking business establishment relocations that can contribute to...

We use a large database of venture-backed companies and their founders to examine whether serial entrepreneurs raise more venture capital than novice entrepreneurs. Compared to novice entrepreneurs, serial entrepreneurs who received venture capital for their previous firms tend to raise more...

This paper develops a new approach for measuring the stringency of a major form of land-use regulation, building-height restrictions, and it applies the method to an extraordinary dataset of land-lease transactions from China. Our theory shows that the elasticity of land price with respect to...

We examine the effect of a large-scale administrative reorganization in China, where counties are annexed into cities to accommodate urban growth. We present a simple model to illustrate how this annexation may affect firm entry decisions and in turn land market outcomes. Using nationwide data...

Since the September 2001 terrorist attacks, security has became paramount in both domestic politics and the daily lives of Americans. In the immediate aftermath of those attacks, policymakers focused on air passenger traffic. As the debate broadened, however, the issue of goods movement moved to...

Exposure to minimum wages at young ages may lead to longer-run effects. Among the possible adverse longer-run effects are decreased labor market experience and accumulation of tenure, lower current labor supply because of lower wages, and diminished training and skill acquisition. Beneficial...

School-to-career (STC) programs provide high school students with career information and education to increase their educational attainment and enhance their long-term labor market success. These programs often target sub-groups that are less likely to attend four-year post-secondary...

This longitudinal study examines the consequences of breast cancer on women's labor market attachment for the six-month period following diagnosis. Women with breast cancer, with the exception of those having in situ cancer, were less likely to work six months following diagnosis relative to a...

California has taken center stage in national and international efforts to fight global warming. This survey of over 300 of the state’s cities and counties puts the spotlight on the role California’s local governments are playing. It finds that there is already considerable local involvement...