Shaffer, Sherrill; Hasan, Iftekhar; Zhou, Mingming - In: Economic Development Quarterly 29 (2015) 1, pp. 65-78
Using data from metropolitan U.S. labor market areas, the authors quantify empirical associations between entry by … of small business entry. We introduce a new measure of excess volatility to reduce any bias from endogeneity or reverse … causality. Several robust associations emerge, suggesting a richer variety of effects of entry than previously documented, and …