The objectives of this review are threefold: (1) to characterize the empirical literature on the cyclical behavior of real wages; (2) to identify the sources of the differences in results across studies; and (3) to enumerate key factors that determine the cyclicality of real wages. Given a host...

"Contents" -- "Prefatory Note" -- "Introduction / John Haltiwanger, Erik Hurst, Javier Miranda, and Antoinette Schoar" -- "I. Entrepreneurial Heterogeneity" -- "1. High- Growth Young Firms: Contribution to Job, Output, and Productivity Growth / John Haltiwanger, Ron S. Jarmin, Robert Kulick, and...

FrontMatter -- Acknowledgments -- Contents -- Executive Summary -- 1 Introduction and Motivation -- 2 What Is a Business? -- 3 The Ideal Business Data System -- 4 Limitations of the Current Data System for Measuring Business Dynamics -- 5 Improving Data and Statistics on Business...

As the accelerated technological advances of the past two decades continue to reshape the United States' economy, intangible assets and high-technology investments are taking larger roles. These developments have raised a number of concerns, such as: how do we measure intangible assets? Are we...

Using rich administrative tax data, we explore the effects of the introduction of online ridesharing platforms on entry, employment and earnings in the Taxi and Limousine Services industry. Ridesharing dramatically increased the pace of entry of workers into the industry. New entrants were more...