and two-thirds of the additional hiring occurs within two months. The response of hiring from employment is twice as large … as the response of hiring from non-employment. Firms that are smaller, low-wage and fast-growing are associated with … employment, consistent with replacement hiring and the presence of vacancy chains. Growth in revenue and value added strongly …

that the largest 5% account for over half of cohort employment at firm birth and more than two-thirds at firm age 7. Little …

.S. employers to estimate the effects of financial access on employment growth. Our methods combine regressions with matching on … firm age, size, industry, year, and employment history, and with instrumental variables capturing ease of access to SBA … constraints impede small business growth prior to loan receipt. We also investigate the variation in estimated employment effects …

policy implications: since smaller young firms are particularly conducive to employment generation, they can be considered …