This study measures the heterogeneity of establishment-level employment changes in the U.S. manufacturing sector over … reallocation and worker reallocation, to evaluate theories of heterogeneity in plant-level employment dynamics, and to establish …

MSA-level data yields large effects of local house price changes on local young-firm employment growth and employment … driving force – in medium-run fluctuations in young-firm employment shares in recent decades. The great housing bust after … bank loan supply. As we also show, when the young-firm activity share falls (rises), local employment shifts strongly away …

productivity, real wages and employment. To quantify the effects of reallocation intensity on employment, we estimate regression … other variables as instruments. We find large positive effects of worker reallocation rates on employment, especially for …. These results suggest the U.S. economy faced serious impediments to high employment rates well before the Great Recession …

, age, and prior growth. Relative to controls, employment at target establishments falls 3 percent over two years post … modest one percent of employment over two years post buyout. In contrast, the sum of gross job creation and destruction at … target firms exceeds that of controls by 14 percent of employment over two years. Buyouts also bring TFP gains at target …

, 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 …

.5 percent below the 1990 peak and a mere one percent above the 1993 trough. Employment rates tell a similar story. Our …

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 …

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 …

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 …