Showing 1 - 10 of 19
This paper describes the adoption of automation technologies by US firms across all economic sectors by leveraging a … new module introduced in the 2019 Annual Business Survey, conducted by the US Census Bureau in partnership with the … five advanced technologies: AI, robotics, dedicated equipment, specialized software, and cloud computing. The adoption of …
Persistent link: https://www.econbiz.de/10013462707
Persistent link: https://www.econbiz.de/10013465373
This paper explores the relationship between household marginal income tax rates, the set of assets that households own, and the portfolio shares accounted for by each of these assets. It analyzes data from the 1983, 1989, 1992, and 1995 Surveys of Consumer Finances and develops a new algorithm...
Persistent link: https://www.econbiz.de/10012471393
Applications for new businesses from the U.S. Census Bureau's monthly and weekly Business Formation Statistics (BFS) fell substantially in the early stages of the pandemic but then surged in the second half of 2020. This surge has continued through May 2021. The pace of applications since...
Persistent link: https://www.econbiz.de/10012585396
Most of the rise in overall earnings inequality is accounted for by rising between-industry dispersion from about ten percent of 4-digit NAICS industries. These thirty industries are in the tails of the earnings distribution, and are clustered especially in high-paying high-tech and low-paying...
Persistent link: https://www.econbiz.de/10013191015
This paper documents trends over the last two decades in retirement behavior and retirement income choices by participants in TIAA, a large and mature defined contribution plan with a wide range of withdrawal options. Between 2000 and 2018, the average retirement age rose by approximately 1.3...
Persistent link: https://www.econbiz.de/10013191041
We explore the role of founding teams in accounting for the post-entry dynamics of startups. While the entrepreneurship literature has largely focused on business founders, we broaden this view by considering founding teams as both the founders and early joiners. We investigate the idea that the...
Persistent link: https://www.econbiz.de/10012482633
Estimates the expected present discounted value (EPDV) of future payouts on both immediate and deferred annuities are sensitive to the discount rate used to value future payment streams and assumptions about future mortality rates. This paper illustrates this with respect to annuities that were...
Persistent link: https://www.econbiz.de/10012496110
Do recessions speed up or impede productivity-enhancing reallocation? To investigate this question, we use U.S. linked employer-employee data to examine how worker flows contribute to productivity growth over the business cycle. We find that in expansions high-productivity firms grow faster...
Persistent link: https://www.econbiz.de/10012533351
Relative Value Survey, which contains relative tax-exempt yields on the bonds issued by different states over the period 1973 …
Persistent link: https://www.econbiz.de/10012472575