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most recent job creation literature, we focus on employment-weighted OLS estimation. Our main theoretical result reveals … that employment-weighted OLS estimation of DHS job creation rate models provides biased marginal effects estimates. The …
Persistent link: https://www.econbiz.de/10010211979
Based on a three equations model for initial firm size, survival and firm growth we estimate firm-specific transition probabilities between size classes of the firm size distribution. This allows to analyze counterfactual scenarios that assess the impact of changes in exogenous variables on the...
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Based on a structural model for initial firm size, survival and firm growth we estimate firm-specific transition probabilities between size classes of the firm size distribution. This allows an assessment of the impact of different (counterfactual) economic policy measures on intra-distribution...
Persistent link: https://www.econbiz.de/10013123024
Persistent link: https://www.econbiz.de/10011788574
Based on a structural model for initial firm size, survival and firm growth we estimate firm-specific transition probabilities between size classes of the firm size distribution. This allows an assessment of the impact of different (counterfactual) economic policy measures on intra-distribution...
Persistent link: https://www.econbiz.de/10011435314
This paper shows that applying simple employment-weighted OLS estimation to Davis - Haltiwanger - Schuh (1996) firm … small firms on net job creation is substantially underestimated when applying employment-weighted OLS estimation. …
Persistent link: https://www.econbiz.de/10011435361