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  1. The economic effects of private equity buyouts
    Erschienen: [2021]
    Verlag:  Friedrich Schiller University Jena, Jena, Germany

    We examine thousands of U.S. private equity (PE) buyouts from 1980 to 2013, a period that saw huge swings in credit market tightness and GDP growth. Our results show striking, systematic differences in the real-side effects of PE buyouts, depending... mehr

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    We examine thousands of U.S. private equity (PE) buyouts from 1980 to 2013, a period that saw huge swings in credit market tightness and GDP growth. Our results show striking, systematic differences in the real-side effects of PE buyouts, depending on buyout type and external conditions. Employment at target firms shrinks 13% over two years in buyouts of publicly listed firms but expands 13% in buyouts of privately held firms, both relative to contemporaneous outcomes at control firms. Labor productivity rises 8% at targets over two years post buyout (again, relative to controls), with large gains for both public-to-private and private-to-private buyouts. Target productivity gains are larger yet for deals executed amidst tight credit conditions. A post-buyout widening of credit spreads or slowdown in GDP growth lowers employment growth at targets and sharply curtails productivity gains in public-to-private and divisional buy-outs. Average earnings per worker fall by 1.7% at target firms after buyouts, largely erasing a pre-buyout wage premium relative to controls. Wage effects are also heterogeneous. In these and other respects, the economic effects of private equity vary greatly by buyout type and with external conditions.

     

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    Sprache: Englisch
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    Weitere Identifier:
    hdl: 10419/251481
    Schriftenreihe: Jena economic research papers ; # 2021, 013
    Schlagworte: Private equity buyouts; business cycle; business dynamics; real effects; job creation; productivity; wages; administrative data; large matched sample
    Umfang: 1 Online-Ressource (circa 69 Seiten), Illustrationen
  2. Immigration and entrepreneurship in the United States
    Erschienen: [2021]
    Verlag:  Friedrich Schiller University Jena, Jena, Germany

    Immigrants can expand labor supply and compete for jobs with native-born workers. But immigrants may also start new firms, expanding labor demand. This paper uses U.S. administrative data and other data sources to study the role of immigrants in... mehr

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    Immigrants can expand labor supply and compete for jobs with native-born workers. But immigrants may also start new firms, expanding labor demand. This paper uses U.S. administrative data and other data sources to study the role of immigrants in entrepreneurship. We ask how often immigrants start companies, how many jobs these firms create, and how firms founded by native-born individuals compare. A simple model provides a measurement framework for addressing the dual roles of immigrants as founders and workers. The findings suggest that immigrants act more as "job creators" than "job takers" and play outsized roles in U.S. high- growth entrepreneurship.

     

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    Weitere Identifier:
    hdl: 10419/243084
    Schriftenreihe: Jena economic research papers ; # 2021, 014
    Schlagworte: Migranten; Arbeitsmigranten; Unternehmen; Unternehmensgründung; USA
    Umfang: 1 Online-Ressource (circa 45 Seiten), Illustrationen
  3. Immigration and entrepreneurship in the United States
    Erschienen: September 2020
    Verlag:  National Bureau of Economic Research, Cambridge, MA

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    Schriftenreihe: Working paper series / National Bureau of Economic Research ; 27778
    Schlagworte: Migranten; Arbeitsmigranten; Unternehmen; Unternehmensgründung; USA
    Umfang: 27, xii Seiten, Illustrationen
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  4. Immigration and entrepreneurship in the United States
    Erschienen: December, 2020
    Verlag:  U.S. Census Bureau, Center for Economic Studies, Washington, DC

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    Schriftenreihe: Working papers / Center for Economic Studies, U.S. Census Bureau ; 20, 44 (December, 2020)
    Schlagworte: Migranten; Unternehmensgründung; Entrepreneurship; USA
    Umfang: 1 Online-Ressource (circa 41 Seiten), Illustrationen
  5. The economic effects of private equity buyouts
    Erschienen: October 2019
    Verlag:  National Bureau of Economic Research, Cambridge, MA

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    Schriftenreihe: Working paper series / National Bureau of Economic Research ; 26371
    Schlagworte: Private Equity; Kapitalbeteiligung; Arbeitskräfte; Arbeitsproduktivität; Lohnniveau; USA
    Umfang: 66 Seiten, Illustrationen
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  6. The (heterogenous) economic effects of private equity buyouts
    Erschienen: [18. März 2022]
    Verlag:  Halle Institute for Economic Research (IWH) - Member of the Leibniz Association, Halle (Saale), Germany

    The effects of private equity buyouts on employment, productivity, and job reallocation vary tremendously with macroeconomic and credit conditions, across private equity groups, and by type of buyout. We reach this conclusion by examining the most... mehr

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    The effects of private equity buyouts on employment, productivity, and job reallocation vary tremendously with macroeconomic and credit conditions, across private equity groups, and by type of buyout. We reach this conclusion by examining the most extensive database of U.S. buyouts ever compiled, encompassing thousands of buyout targets from 1980 to 2013 and millions of control firms. Employment shrinks 13% over two years after buyouts of publicly listed firms - on average, and relative to control firms - but expands 13% after buyouts of privately held firms. Post-buyout productivity gains at target firms are large on average and much larger yet for deals executed amidst tight credit conditions. A post-buyout tightening of credit conditions or slowing of GDP growth curtails employment growth and intra-firm job reallocation at target firms. We also show that buyout effects differ across the private equity groups that sponsor buyouts, and these differences persist over time at the group level. Rapid upscaling in deal flow at the group level brings lower employment growth at target firms.

     

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    Weitere Identifier:
    hdl: 10419/251587
    Schriftenreihe: IWH discussion papers ; 2022, no. 10 (March 2022)
    Schlagworte: Private Equity; Übernahme; Wirkungsanalyse; Beschäftigungseffekt; USA; administrative data; business cycle; credit conditions; employment; private equity; productivity
    Umfang: 1 Online-Ressource (III, 90 Seiten, 3,58 MB), Diagramme
  7. The economic effects of private equity buyouts
    Erschienen: [2019]
    Verlag:  Harvard Business School, [Boston, MA]

    We examine thousands of U.S. private equity (PE) buyouts from 1980 to 2013, a period that saw huge swings in credit market tightness and GDP growth. Our results show striking, systematic differences in the real-side effects of PE buyouts, depending... mehr

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    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Keine Rechte
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    We examine thousands of U.S. private equity (PE) buyouts from 1980 to 2013, a period that saw huge swings in credit market tightness and GDP growth. Our results show striking, systematic differences in the real-side effects of PE buyouts, depending on buyout type and external conditions. Employment at target firms shrinks 13% over two years in buyouts of publicly listed firms but expands 13% in buyouts of privately held firms, both relative to contemporaneous outcomes at control firms. Labor productivity rises 8% at targets over two years post buyout (again, relative to controls), with large gains for both public-to-private and private-to-private buyouts. Target productivity gains are larger yet for deals executed amidst tight credit conditions. A post-buyout widening of credit spreads or slowdown in GDP growth lowers employment growth at targets and sharply curtails productivity gains in public-to-private and divisional buyouts. Average earnings per worker fall by 1.7% at target firms after buyouts, largely erasing a pre-buyout wage premium relative to controls. Wage effects are also heterogeneous. In these and other respects, the economic effects of private equity vary greatly by buyout type and with external conditions

     

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    Schriftenreihe: Working paper / Harvard Business School ; 20, 046
    Harvard Business School Entrepreneurial Management Working Paper ; No. 20-046
    Umfang: 1 Online-Ressource (circa 69 Seiten), Illustrationen
  8. The characteristics and geographic distribution of robot hubs in U.S. manufacturing establishments
    Erschienen: March 2023
    Verlag:  Halle Institute for Economic Research (IWH) - Member of the Leibniz Association, Halle (Saale), Germany

    We use data from the Annual Survey of Manufactures to study the characteristics and geography of investments in robots across U.S. manufacturing establishments. We find that robotics adoption and robot intensity (the number of robots per employee) is... mehr

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    We use data from the Annual Survey of Manufactures to study the characteristics and geography of investments in robots across U.S. manufacturing establishments. We find that robotics adoption and robot intensity (the number of robots per employee) is much more strongly related to establishment size than age. We find that establishments that report having robotics have higher capital expenditures, including higher information technology (IT) capital expenditures. Also, establishments are more likely to have robotics if other establishments in the same Core-Based Statistical Area (CBSA) and industry also report having robotics. The distribution of robots is highly skewed across establishments’ locations. Some locations, which we call Robot Hubs, have far more robots than one would expect even after accounting for industry and manufacturing employment. We characterize these Robot Hubs along several industry, demographic, and institutional dimensions. The presence of robot integrators and higher levels of union membership are positively correlated with being a Robot Hub.

     

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    hdl: 10419/270975
    Schriftenreihe: IWH discussion papers ; 2023, no. 7 (March 2023)
    Schlagworte: labor; manufacturing; robot; technology adoption
    Umfang: 1 Online-Ressource (III, 43 Seiten, 3,65 MB), Diagramme
  9. The Characteristics and Geographic Distribution of Robot Hubs in U.S. Manufacturing Establishments
    Erschienen: March 2023
    Verlag:  National Bureau of Economic Research, Cambridge, Mass

    We use data from the Annual Survey of Manufactures to study the characteristics and geography of investments in robots across U.S. manufacturing establishments. We find that robotics adoption and robot intensity (the number of robots per employee) is... mehr

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    Sächsische Landesbibliothek - Staats- und Universitätsbibliothek Dresden
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    Universitätsbibliothek Freiburg
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    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
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    Staats- und Universitätsbibliothek Hamburg Carl von Ossietzky
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    Technische Informationsbibliothek (TIB) / Leibniz-Informationszentrum Technik und Naturwissenschaften und Universitätsbibliothek
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    We use data from the Annual Survey of Manufactures to study the characteristics and geography of investments in robots across U.S. manufacturing establishments. We find that robotics adoption and robot intensity (the number of robots per employee) is much more strongly related to establishment size than age. We find that establishments that report having robotics have higher capital expenditures, including higher information technology (IT) capital expenditures. Also, establishments are more likely to have robotics if other establishments in the same Core-Based Statistical Area (CBSA) and industry also report having robotics. The distribution of robots is highly skewed across establishments' locations. Some locations, which we call Robot Hubs, have far more robots than one would expect even after accounting for industry and manufacturing employment. We characterize these Robot Hubs along several industry, demographic, and institutional dimensions. The presence of robot integrators and higher levels of union membership are positively correlated with being a Robot Hub

     

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    Schriftenreihe: NBER working paper series ; no. w31062
    Schlagworte: Industrie; Roboter; Investition; Automatisierte Produktion; Räumliche Verteilung; Technologiepark; USA; Other Machinery; Business Equipment; Armaments; Intellectual Property and Intellectual Capital; Open Innovation; Economic Growth and Aggregate Productivity
    Umfang: 1 Online-Ressource, illustrations (black and white)
    Bemerkung(en):

    Hardcopy version available to institutional subscribers

  10. Intuit QuickBooks Small Business Index
    A New Employment Series for the US, Canada, and the UK
    Erschienen: June 2023
    Verlag:  National Bureau of Economic Research, Cambridge, Mass

    Small and young businesses are essential for job creation, innovation, and economic growth. Even most of the superstar firms start their business life small and then grow over time. Small firms have less internal resources, which makes them more... mehr

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    Universitätsbibliothek Freiburg
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    Staats- und Universitätsbibliothek Hamburg Carl von Ossietzky
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    Technische Informationsbibliothek (TIB) / Leibniz-Informationszentrum Technik und Naturwissenschaften und Universitätsbibliothek
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Small and young businesses are essential for job creation, innovation, and economic growth. Even most of the superstar firms start their business life small and then grow over time. Small firms have less internal resources, which makes them more fragile and sensitive to macroeconomic conditions. This suggests the need for frequent and real-time monitoring of the small business sector's health. Previously this was difficult due to a lack of appropriate data. This paper fills this important gap by developing a new Intuit QuickBooks Small Business Index that focuses on the smallest of small businesses with at most 9 workers in the US and the UK and at most 19 workers in Canada. The Index aggregates a sample of anonymous QuickBooks Online Payroll subscriber data (QBO Payroll sample) from 333,000 businesses in the US, 66,000 in Canada, and 25,000 in the UK. After comparing the QBO Payroll sample data to the official statistics, we remove the seasonal components and use a Flexible Least Squares method to calibrate the QBO Payroll sample data against official statistics. Finally, we use the estimated model and the QBO Payroll sample data to generate a near real-time index of economic activity. We show that the estimated model performs well both in-sample and out-of-sample. Additionally, we use this analysis for different regions and industries

     

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    Schriftenreihe: NBER working paper series ; no. w31350
    Schlagworte: Kleinstunternehmen; KMU; Erwerbstätigkeit; Entrepreneurship; Index; Indexberechnung; Unternehmensstatistik; Großbritannien; Kanada; USA; Firm Behavior: Empirical Analysis; Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity; General; Labor Force and Employment, Size, and Structure; Human Capital; Skills; Occupational Choice; Labor Productivity
    Umfang: 1 Online-Ressource, illustrations (black and white)
    Bemerkung(en):

    Hardcopy version available to institutional subscribers

  11. Intuit QuickBooks Small Business Index
    a new employment series for the US, Canada, and the UK
    Erschienen: May 2023
    Verlag:  Halle Institute for Economic Research (IWH) - Member of the Leibniz Association, Halle (Saale), Germany

    Small and young businesses are essential for job creation, innovation, and economic growth. Even most of the superstar firms start their business life small and then grow over time. Small firms have less internal resources, which makes them more... mehr

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    Small and young businesses are essential for job creation, innovation, and economic growth. Even most of the superstar firms start their business life small and then grow over time. Small firms have less internal resources, which makes them more fragile and sensitive to macroeconomic conditions. This suggests the need for frequent and real-time monitoring of the small business sector’s health. Previously this was difficult due to a lack of appropriate data. This paper fills this important gap by developing a new Intuit QuickBooks Small Business Index that focuses on the smallest of small businesses with at most 9 workers in the US and the UK and at most 19 workers in Canada. The Index aggregates a sample of anonymous QuickBooks Online Payroll subscriber data (QBO Payroll sample) from 333,000 businesses in the US, 66,000 in Canada, and 25,000 in the UK. After comparing the QBO Payroll sample data to the official statistics, we remove the seasonal components and use a Flexible Least Squares method to calibrate the QBO Payroll sample data against official statistics. Finally, we use the estimated model and the QBO Payroll sample data to generate a near real-time index of economic activity. We show that the estimated model performs well both in-sample and out-of-sample. Additionally, we use this analysis for different regions and industries.

     

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    Sprache: Englisch
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    Weitere Identifier:
    hdl: 10419/270977
    Schriftenreihe: IWH discussion papers ; 2023, no. 9 (May 2023)
    Schlagworte: Kleinstunternehmen; KMU; Erwerbstätigkeit; Entrepreneurship; Index; Indexberechnung; Unternehmensstatistik; Großbritannien; Kanada; USA; employment; entrepreneurship; index; job creation; small businesses; turnover
    Umfang: 1 Online-Ressource (III, 59 Seiten, 2,45 MB), Diagramme
  12. Age and high-growth entrepreneurship
    Erschienen: April 2018
    Verlag:  National Bureau of Economic Research, Cambridge, MA

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    Schriftenreihe: Working paper series / National Bureau of Economic Research ; 24489
    Schlagworte: Unternehmer; Altersgruppe; Unternehmensgründung; Unternehmenswachstum; Erfolgsfaktor; USA
    Umfang: 49 Seiten, Illustrationen
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    Erscheint auch als Online-Ausgabe

  13. The Characteristics and Geographic Distribution of Robot Hubs in U.S. Manufacturing Establishments
  14. Intuit QuickBooks Small Business Index: A New Employment Series for the US, Canada, and the UK
  15. Intuit quickbooks small business index
    a new employment series for the US, Canada, and the UK
    Erschienen: 29 August 2023
    Verlag:  Centre for Economic Policy Research, London

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    Schriftenreihe: Array ; DP18402
    Schlagworte: Kleinstunternehmen; KMU; Erwerbstätigkeit; Entrepreneurship; Index; Indexberechnung; Unternehmensstatistik; Großbritannien; Kanada; USA; Small Businesses; Employment; Index; Entrepreneurship; Job Creation; Turnover
    Umfang: 1 Online-Ressource (circa 64 Seiten), Illustrationen
  16. Declining business dynamism in Europe
    the role of shocks, market power, and technology
    Erschienen: September 2023
    Verlag:  Halle Institute for Economic Research (IWH) - Member of the Leibniz Association, Halle (Saale), Germany

    We study the changing patterns of business dynamism in Europe after 2000 using novel micro-aggregated data that we collect for 19 European countries. In all of them, we document a decline in job reallocation rates that concerns most economic sectors.... mehr

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    We study the changing patterns of business dynamism in Europe after 2000 using novel micro-aggregated data that we collect for 19 European countries. In all of them, we document a decline in job reallocation rates that concerns most economic sectors. This is mainly driven by dynamics within sectors, size classes, and age classes rather than by compositional changes. Large and mature firms show the strongest decline in job reallocation rates. Simultaneously, the shares of employment and sales of young firms decline. Consistent with US evidence, firms’ employment changes have become less responsive to productivity. However, the dispersion of firms’ productivity shocks has decreased too. To enhance our understanding of these patterns, we derive a firm-level framework that relates changes in firms’ productivity, market power, and technology to job reallocation and firms’ responsiveness.

     

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    Weitere Identifier:
    hdl: 10419/277759
    Schriftenreihe: IWH-CompNet Discussion Papers ; 2023, no. 2 (September 2023)
    Schlagworte: business dynamism; European cross-country data; market power; productivity; responsiveness of labor demand
    Umfang: 1 Online-Ressource (III, 92 Seiten, 1,16 MB), Diagramme
    Bemerkung(en):

    Datei wurde von der herausgebenden Institution entfernt

  17. Declining business dynamism in Europe
    the role of shocks, market power, and technology
    Erschienen: September 2023
    Verlag:  Halle Institute for Economic Research (IWH) - Member of the Leibniz Association, Halle (Saale), Germany

    We study the changing patterns of business dynamism in Europe after 2000 using novel micro-aggregated data that we collect for 19 European countries. In all of them, we document a decline in job reallocation rates that concerns most economic sectors.... mehr

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    We study the changing patterns of business dynamism in Europe after 2000 using novel micro-aggregated data that we collect for 19 European countries. In all of them, we document a decline in job reallocation rates that concerns most economic sectors. This is mainly driven by dynamics within sectors, size classes, and age classes rather than by compositional changes. Large and mature firms show the strongest decline in job reallocation rates. Simultaneously, the shares of employment and sales of young firms decline. Consistent with US evidence, firms’ employment changes have become less responsive to productivity. However, the dispersion of firms’ productivity shocks has decreased too. To enhance our understanding of these patterns, we derive a firm-level framework that relates changes in firms’ productivity, market power, and technology to job reallocation and firms’ responsiveness.

     

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    Weitere Identifier:
    hdl: 10419/277760
    Schriftenreihe: IWH discussion papers ; no. 19 (September 2023)
    Schlagworte: business dynamism; European cross-country data; market power; productivity; responsiveness of labor demand
    Umfang: 1 Online-Ressource (III, 92 Seiten, 1,34 MB), Diagramme
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    Literaturverzeichnis: Seite 44-46

    Datei wurde von der herausgebenden Institution entfernt

  18. Declining business dynamism in Europe
    the role of shocks, market power, and technology
    Erschienen: [2023]
    Verlag:  Friedrich Schiller University Jena, Faculty of Economics and Business Administration, Jena, Germany

    We study the changing patterns of business dynamism in Europe after 2000 using novel micro-aggregated data that we collect for 19 European countries. In all of them, we document a decline in job reallocation rates that concerns most economic sectors.... mehr

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    We study the changing patterns of business dynamism in Europe after 2000 using novel micro-aggregated data that we collect for 19 European countries. In all of them, we document a decline in job reallocation rates that concerns most economic sectors. This is mainly driven by dynamics within sectors, size classes, and age classes rather than by compositional changes. Large and mature firms show the strongest decline in job reallocation rates. Simultaneously, the shares of employment and sales of young firms decline. Consistent with US evidence, firms' employment changes have become less responsive to productivity. However, the dispersion of firms' productivity shocks has decreased too. To enhance our understanding of these patterns, we derive a firm-level framework that relates changes in firms' productivity, market power, and technology to job reallocation and firms' responsiveness.

     

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    Sprache: Englisch
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    Weitere Identifier:
    hdl: 10419/283182
    Auflage/Ausgabe: This version: September 19, 2023
    Schriftenreihe: Jena economic research papers ; # 2023, 011
    Schlagworte: Business dynamism; productivity; responsiveness of labor demand; market power; European cross-country data
    Umfang: 1 Online-Ressource (circa 95 Seiten), Illustrationen
  19. The characteristics and geographic distribution of Robot Hubs in U.S. manufacturing establishments
    Erschienen: [2023]
    Verlag:  Friedrich Schiller University Jena, Faculty of Economics and Business Administration, Jena, Germany

    We use data from the Annual Survey of Manufactures to study the characteristics and geography of investments in robots across U.S. manufacturing establishments. We find that robotics adoption and robot intensity (the number of robots per employee) is... mehr

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    We use data from the Annual Survey of Manufactures to study the characteristics and geography of investments in robots across U.S. manufacturing establishments. We find that robotics adoption and robot intensity (the number of robots per employee) is much more strongly related to establishment size than age. We find that establishments that report having robotics have higher capital expenditures, including higher information technology (IT) capital expenditures. Also, establishments are more likely to have robotics if other establishments in the same Core-Based Statistical Area (CBSA) and industry also report having robotics. The distribution of robots is highly skewed across establishments' locations. Some locations, which we call Robot Hubs, have far more robots than one would expect even after accounting for industry and manufacturing employment. We characterize these Robot Hubs along several industry, demographic, and institutional dimensions. The presence of robot integrators and higher levels of union membership are positively correlated with being a Robot Hub.

     

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    hdl: 10419/283185
    Schriftenreihe: Jena economic research papers ; # 2023, 014
    Schlagworte: robot; technology adoption; manufacturing; labor
    Umfang: 1 Online-Ressource (circa 45 Seiten), Illustrationen
  20. Intuit QuickBooks Small Business Index
    a new employment series for the US, Canada, and the UK
    Erschienen: [2023]
    Verlag:  Friedrich Schiller University Jena, Faculty of Economics and Business Administration, Jena, Germany

    Small and young businesses are essential for job creation, innovation, and economic growth. Even most of the superstar firms start their business life small and then grow over time. Small firms have less internal resources, which makes them more... mehr

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    Small and young businesses are essential for job creation, innovation, and economic growth. Even most of the superstar firms start their business life small and then grow over time. Small firms have less internal resources, which makes them more fragile and sensitive to macroeconomic conditions. This suggests the need for frequent and real-time monitoring of the small business sector's health. Previously this was difficult due to a lack of appropriate data. This paper fills this important gap by developing a new Intuit QuickBooks Small Business Index that focuses on the smallest of small businesses with at most 9 workers in the US and the UK and at most 19 workers in Canada. The Index aggregates a sample of anonymous Quick-Books Online Payroll subscriber data (QBO Payroll sample) from 333,000 businesses in the US, 66,000 in Canada, and 25,000 in the UK. After comparing the QBO Payroll sample data to the official statistics, we remove the seasonal components and use a Flexible Least Squares method to calibrate the QBO Payroll sample data against official statistics. Finally, we use the estimated model and the QBO Payroll sample data to generate a near real-time index of economic activity. We show that the estimated model performs well both in-sample and out-of-sample. Additionally, we use this analysis for different regions and industries.

     

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    hdl: 10419/283176
    Schriftenreihe: Jena economic research papers ; # 2023, 005
    Schlagworte: Kleinstunternehmen; KMU; Erwerbstätigkeit; Entrepreneurship; Index; Indexberechnung; Unternehmensstatistik; Großbritannien; Kanada; USA; Small Businesses; Employment; Index; Entrepreneurship; Job Creation; Turnover
    Umfang: 1 Online-Ressource (circa 62 Seiten), Illustrationen
  21. The characteristics and geographic distribution of robot hubs in U.S. manufacturing establishments
    Erschienen: [2023]
    Verlag:  U.S. Census Bureau, Center for Economic Studies, Washington, DC

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    Schriftenreihe: Working papers / Center for Economic Studies, U.S. Census Bureau ; 23, 14 (March 2023)
    Schlagworte: robot; technology adoption; manufacturing; labor
    Umfang: 1 Online-Ressource (circa 46 Seiten), Illustrationen
  22. Age and high-growth entrepreneurship
    Erschienen: April, 2018
    Verlag:  U.S. Census Bureau, Center for Economic Studies, Washington, DC

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    Format: Online
    Schriftenreihe: Working papers / Center for Economic Studies, U.S. Census Bureau ; 18, 23 (April, 2018)
    Schlagworte: Unternehmer; Altersgruppe; Unternehmensgründung; Unternehmenswachstum; Erfolgsfaktor; USA
    Umfang: 1 Online-Ressource (circa 51 Seiten), Illustrationen
  23. Development of survey questions on robotics expenditures and use in U.S. manufacturing establishments
    Erschienen: October, 2018
    Verlag:  U.S. Census Bureau, Center for Economic Studies, Washington, DC

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    Format: Online
    Schriftenreihe: Working papers / Center for Economic Studies, U.S. Census Bureau ; 18, 44 (October, 2018)
    Umfang: 1 Online-Ressource (circa 37 Seiten)
  24. Measuring the impact of household innovation using administrative data
    Erschienen: November 2018
    Verlag:  National Bureau of Economic Research, Cambridge, MA

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    W 1 (25259)
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    Schriftenreihe: Working paper series / National Bureau of Economic Research ; 25259
    Schlagworte: Privater Haushalt; Erfindung; Innovation; Patent; Einnahmen; USA
    Umfang: 52 Seiten, Illustrationen
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  25. Private equity, jobs, and productivity
    reply to Ayash and Rastad
    Erschienen: [2018]
    Verlag:  Harvard Business School, [Boston, MA]

    Ayash and Rastad (2017) express several concerns about our 2014 analysis of private equity buyouts. We welcome their interest in our work but think their criticisms are off the mark. Some of their claims reflect a misunderstanding of the Census... mehr

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    Ayash and Rastad (2017) express several concerns about our 2014 analysis of private equity buyouts. We welcome their interest in our work but think their criticisms are off the mark. Some of their claims reflect a misunderstanding of the Census Bureau's Longitudinal Business Database (LBD) and its underlying data inputs. Because the LBD has emerged as a major laboratory for empirical studies in economics and finance, we use this opportunity to reiterate and clarify some of its important features. In a similar spirit, we elaborate on steps taken to develop our large sample of private equity buyouts. We also address Ayash and Rastad's remarks about the empirical design of our establishment-level analysis, our methods for distinguishing between leveraged buyouts (LBOs) and other private equity transactions, bankruptcy rates among firms acquired in LBOs, their assertion that we undercount large public-to-private LBOs, and other matters

     

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    Schriftenreihe: Working paper / Harvard Business School ; 18, 074
    Harvard Business School Entrepreneurial Management Working Paper ; No. 18-074
    Umfang: 1 Online-Ressource (circa 15 Seiten)