Lost generations of firms and aggregate labor market dynamics
Can the unprecedented lack of startups during the U.S. Great Recession have persistently negative effects? While fewer firms hiring workers can mechanically reduce employment for many years, this may be offset by feedback effects on lower wages, slacker labor markets and higher profits. An estimated...
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| Formatua: | Journal article |
| Hizkuntza: | English |
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Elsevier
2019
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