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...

Drawing on primary and secondary sources on the aircraft industry, this report provides a brief survey of industry structure, innovation, and competition in the U.S. fixed-wing combat aircraft industry from its earliest days to the present. It supports a much larger research effort examining the...

Front Cover -- Title Page -- Contents -- Preface -- Acknowledgments -- Chapter 1. Introduction -- Chapter 2. Opening Telecom Markets: The 1996 Telecommunications Act -- Chapter 3. The First Eight Years under the New Law -- Chapter 4. Local Competition under the 1996 Act -- Chapter 5. Effect of...

Between 1880 and 1920, the US agricultural employment share fell from 50% to 25%. However, despite aggregate demand shifting away from their sector of specialization, rural labor markets saw faster wage growth and industrialization than non-agricultural parts of the US. We propose a spatial...