The decline in unemployment inflows is interpreted as a decrease in the intensity of idiosyncratic labor demand shocks, a key parameter in search and matching models of unemployment.

A new database can combine administrative records and survey data for all employer and nonemployer business units in the United States.

What is the variability of business growth rates since 1976 in the private sector of the United States?

The results of a recent study suggest that private equity buyouts raise overall productivity and accelerate the reallocation of capital and labor to more productive uses, but have a negligible effect on net employment.

The first prerequisite for sound tax policy is a clear and consistent articulation of the impact of marginal tax rates on economic growth.