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This paper uses a regression discontinuity design to examine the effects of geographically targeted business incentives on local labor markets. Unlike elsewhere in the United States, enterprise zone (...
A body of recent empirical work has found strong evidence that the labor elasticity of supply to the firm is finite, implying that firms may have wage setting power. However, these studies capture onl...
We document that trust in public institutions – and particularly trust in banks, business and government – has declined over recent years. U.S. time series evidence suggests that this partly reflects ...
Nowcasting has been a challenge in the recent economic crisis. We introduce the Toll Index, a new monthly indicator for business cycle forecasting and demonstrate its relevance using German data. The ...
The risk of default that business firms face is very significant and differs widely across countries. This paper explores the links between countries' business conditions and international trade embed...
Firms in Kenya rely on technologies such as computers, cell-phones, and generators to overcome constraints associated with regulations, infrastructure, security, workforce, corruption, and finance. Th...
This paper contributes to existing work on innovation by studying the determinants of various types of interaction between a firm and its external environment. In particular, it focuses on face-to-fac...
The revised performance targets are based on analysis carried out as part of a study conducted for the U.S. Department of Labor by the W. E. Upjohn Institute for Employment Research. This working pape...
Productivity trends in business cycles: a visual essay。
Electronic business both stimulates and dampens employment in many occupations and industries; however, assessments of those impacts can only be qualitative rather than quantitative.
This paper incorporates labor search frictions into a model with lumpy investment to explain a set of firm-size-related facts about the United States labor market dynamics over business cycles. Contra...

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