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Papers Containing Tag(s): 'Bureau of Labor Statistics'

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Longitudinal Business Database - 138

Center for Economic Studies - 135

North American Industry Classification System - 131

Current Population Survey - 116

Longitudinal Employer Household Dynamics - 100

Bureau of Economic Analysis - 100

Internal Revenue Service - 96

National Science Foundation - 96

Standard Industrial Classification - 94

Employer Identification Numbers - 82

Annual Survey of Manufactures - 79

Ordinary Least Squares - 70

National Bureau of Economic Research - 70

Census Bureau Disclosure Review Board - 68

American Community Survey - 66

Economic Census - 65

Total Factor Productivity - 64

Census of Manufactures - 55

Social Security Administration - 55

Federal Statistical Research Data Center - 53

Metropolitan Statistical Area - 53

Business Register - 52

Federal Reserve Bank - 52

Quarterly Census of Employment and Wages - 49

Alfred P Sloan Foundation - 46

County Business Patterns - 43

Chicago Census Research Data Center - 43

Longitudinal Research Database - 43

Business Dynamics Statistics - 40

Survey of Income and Program Participation - 40

Census Bureau Business Register - 39

Social Security - 38

Disclosure Review Board - 37

Quarterly Workforce Indicators - 36

Decennial Census - 34

Standard Statistical Establishment List - 34

Department of Labor - 33

Unemployment Insurance - 32

Cornell University - 32

Protected Identification Key - 31

University of Chicago - 31

Research Data Center - 31

Social Security Number - 30

Special Sworn Status - 30

University of Maryland - 29

Service Annual Survey - 27

Federal Reserve System - 26

Census Bureau Longitudinal Business Database - 26

Cobb-Douglas - 25

Office of Management and Budget - 22

Local Employment Dynamics - 20

2010 Census - 19

International Trade Research Report - 19

American Economic Review - 19

Business Employment Dynamics - 19

Employer Characteristics File - 18

LEHD Program - 18

Longitudinal Firm Trade Transactions Database - 18

Department of Homeland Security - 18

Census of Manufacturing Firms - 18

Department of Economics - 17

Characteristics of Business Owners - 17

Financial, Insurance and Real Estate Industries - 17

Kauffman Foundation - 17

Occupational Employment Statistics - 16

National Institute on Aging - 16

Generalized Method of Moments - 16

Small Business Administration - 16

Retail Trade - 16

Permanent Plant Number - 16

Department of Commerce - 15

Organization for Economic Cooperation and Development - 15

Employment History File - 14

Postal Service - 14

National Income and Product Accounts - 14

Quarterly Journal of Economics - 14

Cornell Institute for Social and Economic Research - 14

Core Based Statistical Area - 14

IQR - 13

Herfindahl Hirschman Index - 13

Individual Characteristics File - 13

Master Address File - 13

Michigan Institute for Teaching and Research in Economics - 13

American Economic Association - 13

Harmonized System - 13

Journal of Economic Literature - 13

University of Michigan - 13

Standard Occupational Classification - 12

Office of Personnel Management - 12

National Longitudinal Survey of Youth - 12

Company Organization Survey - 12

Survey of Business Owners - 12

Bureau of Labor - 12

Patent and Trademark Office - 12

New York Times - 12

W-2 - 11

National Center for Health Statistics - 11

Board of Governors - 11

World Trade Organization - 11

PSID - 11

NBER Summer Institute - 11

New York University - 11

Current Employment Statistics - 11

TFPQ - 11

Labor Productivity - 11

Business Master File - 11

Labor Turnover Survey - 10

VAR - 10

Journal of Labor Economics - 10

Review of Economics and Statistics - 10

Census Bureau Center for Economic Studies - 10

Establishment Micro Properties - 10

Energy Information Administration - 9

Environmental Protection Agency - 9

COVID-19 - 9

Composite Person Record - 9

Department of Agriculture - 9

Successor Predecessor File - 9

AKM - 9

Journal of Political Economy - 9

Council of Economic Advisers - 9

Wholesale Trade - 9

Sloan Foundation - 9

Detailed Earnings Records - 9

Customs and Border Protection - 9

Information and Communication Technology Survey - 9

BLS Handbook of Methods - 9

Agency for Healthcare Research and Quality - 9

Employer-Household Dynamics - 8

Herfindahl-Hirschman - 8

Census of Retail Trade - 8

Annual Business Survey - 8

Integrated Longitudinal Business Database - 8

Accommodation and Food Services - 8

United States Census Bureau - 8

Ohio State University - 8

Columbia University - 8

General Accounting Office - 8

Boston College - 8

Technical Services - 8

Survey of Industrial Research and Development - 8

Urban Institute - 8

Person Validation System - 8

Securities and Exchange Commission - 8

Business Register Bridge - 8

UC Berkeley - 8

JOLTS - 8

Limited Liability Company - 8

Michigan Institute for Data Science - 8

Federal Tax Information - 8

United Nations - 8

Retirement History Survey - 8

University of California Los Angeles - 8

North American Industry Classi - 8

Journal of Economic Perspectives - 8

Census Bureau Business Dynamics Statistics - 8

Statistics Canada - 8

Economic Research Service - 8

Medical Expenditure Panel Survey - 8

Harvard University - 8

Administrative Records - 8

American Statistical Association - 8

Social and Economic Supplement - 7

National Institutes of Health - 7

Consumer Expenditure Survey - 7

Business R&D and Innovation Survey - 7

North American Free Trade Agreement - 7

National Establishment Time Series - 7

National Academy of Sciences - 7

Yale University - 7

Business Services - 7

COMPUSTAT - 7

Center for Administrative Records Research - 7

MIT Press - 7

American Housing Survey - 7

Census Industry Code - 7

National Employer Survey - 6

CDF - 6

Agriculture, Forestry - 6

Cumulative Density Function - 6

Department of Education - 6

Stanford University - 6

Earned Income Tax Credit - 6

Federal Trade Commission - 6

Department of Justice - 6

Management and Organizational Practices Survey - 6

Business Research and Development and Innovation Survey - 6

National Center for Science and Engineering Statistics - 6

Integrated Public Use Microdata Series - 6

Census Numident - 6

Ewing Marion Kauffman Foundation - 6

Annual Survey of Entrepreneurs - 6

Review of Economic Studies - 6

Center for Research in Security Prices - 6

Department of Housing and Urban Development - 6

Census of Services - 6

Business Formation Statistics - 6

Census 2000 - 6

Kauffman Firm Survey - 6

Department of Energy - 5

Oil and Gas Extraction - 5

University of Texas - 5

Nonemployer Statistics - 5

Supplemental Nutrition Assistance Program - 5

Health and Retirement Study - 5

Educational Services - 5

University of Toronto - 5

International Trade Commission - 5

Russell Sage Foundation - 5

2SLS - 5

Disability Insurance - 5

Personally Identifiable Information - 5

Federal Reserve Bank of Chicago - 5

TFPR - 5

Indian Health Service - 5

Public Administration - 5

Initial Public Offering - 5

George Mason University - 5

Stern School of Business - 5

Georgetown University - 5

World Bank - 5

Fabricated Metal Products - 5

Centers for Disease Control and Prevention - 4

Survey of Consumer Finances - 4

Arts, Entertainment - 4

IZA - 4

Heckscher-Ohlin - 4

Data Management System - 4

Person Identification Validation System - 4

Paycheck Protection Program - 4

Princeton University - 4

European Commission - 4

Housing and Urban Development - 4

ASEC - 4

Professional Services - 4

Foreign Direct Investment - 4

1940 Census - 4

Journal of Human Resources - 4

National Health Interview Survey - 4

Linear Probability Models - 4

Temporary Assistance for Needy Families - 4

Department of Defense - 4

Public Use Micro Sample - 4

State Energy Data System - 4

Wal-Mart - 4

Federal Insurance Contribution Act - 4

Commodity Flow Survey - 4

Journal of International Economics - 4

International Standard Industrial Classification - 4

Securities Data Company - 4

Penn State University - 4

Pollution Abatement Costs and Expenditures - 4

National Research Council - 4

Consolidated Metropolitan Statistical Areas - 4

Legal Form of Organization - 3

MAF-ARF - 3

Minnesota Population Center - 3

Adjusted Gross Income - 3

MTO - 3

Citizenship and Immigration Services - 3

New England County Metropolitan - 3

Computer Assisted Personal Interview - 3

SSA Numident - 3

Current Population Survey Annual Social and Economic Supplement - 3

DOB - 3

Manufacturing Energy Consumption Survey - 3

European Union - 3

Pew Research Center - 3

PIKed - 3

Federal Government - 3

CAAA - 3

Health Care and Social Assistance - 3

HHS - 3

Value Added - 3

Research and Development - 3

Princeton University Press - 3

Probability Density Function - 3

IBM - 3

Census Bureau Master Address File - 3

Summary Earnings Records - 3

Duke University - 3

Society of Labor Economists - 3

Social Security Disability Insurance - 3

Journal of Econometrics - 3

Insurance Information Institute - 3

Sample Edited Detail File - 3

Supreme Court - 3

Boston Research Data Center - 3

Electronic Data Interchange - 3

Chicago RDC - 3

E32 - 3

WECD - 3

Cambridge University Press - 3

employed - 99

employ - 98

labor - 97

workforce - 91

recession - 79

payroll - 71

employee - 67

manufacturing - 62

growth - 60

earnings - 60

econometric - 60

economist - 59

production - 58

sector - 56

industrial - 55

macroeconomic - 54

survey - 51

market - 50

sale - 49

quarterly - 48

expenditure - 44

enterprise - 44

revenue - 41

demand - 40

entrepreneurship - 38

worker - 37

estimating - 37

agency - 35

labor statistics - 34

gdp - 34

endogeneity - 34

economically - 32

report - 32

statistical - 31

job - 30

entrepreneur - 30

employment growth - 30

occupation - 28

respondent - 28

census employment - 28

investment - 28

aggregate - 28

unemployed - 27

efficiency - 26

hiring - 26

salary - 26

trend - 25

census bureau - 25

employment data - 25

productivity growth - 25

layoff - 24

entrepreneurial - 24

employment statistics - 24

longitudinal - 24

estimation - 24

produce - 24

earner - 23

company - 23

establishment - 23

industry productivity - 22

data - 22

microdata - 21

proprietor - 20

productive - 20

employment dynamics - 20

economic census - 20

earn - 19

data census - 19

census data - 19

export - 19

acquisition - 19

innovation - 19

hire - 19

organizational - 19

estimates employment - 19

workplace - 19

unemployment rates - 18

finance - 18

profit - 18

financial - 18

regress - 17

proprietorship - 17

incentive - 17

research census - 17

corporation - 17

spillover - 16

growth productivity - 16

metropolitan - 16

regression - 16

work census - 15

employment estimates - 15

labor productivity - 15

manufacturer - 15

shift - 14

population - 14

welfare - 14

employment unemployment - 14

employee data - 14

profitability - 14

technological - 14

insurance - 14

housing - 14

residential - 14

state - 14

accounting - 14

tenure - 14

relocation - 13

disparity - 13

inventory - 13

productivity dispersion - 13

recessionary - 13

import - 13

monopolistic - 13

depreciation - 13

leverage - 13

econometrician - 13

employment count - 13

socioeconomic - 12

retailer - 12

wholesale - 12

retail - 12

filing - 12

irs - 12

enrollment - 12

poverty - 12

resident - 12

price - 12

firms productivity - 12

heterogeneity - 12

specialization - 12

productivity dynamics - 12

multinational - 12

startup - 12

venture - 12

clerical - 12

employing - 12

turnover - 12

aggregation - 12

rates employment - 11

bias - 11

discrimination - 11

information census - 11

hispanic - 11

employer household - 11

regional - 11

decline - 11

statistician - 11

declining - 11

merger - 11

minority - 10

disadvantaged - 10

labor markets - 10

consumption - 10

residence - 10

tariff - 10

disclosure - 10

financing - 10

corporate - 10

federal - 10

cost - 10

average - 10

outsourcing - 10

regressing - 10

coverage - 10

datasets - 10

regulation - 10

employment flows - 9

migration - 9

relocate - 9

commerce - 9

incorporated - 9

state employment - 9

compensation - 9

censuses surveys - 9

2010 census - 9

rural - 9

debt - 9

neighborhood - 9

investor - 9

equity - 9

factor productivity - 9

younger firms - 9

immigrant - 9

longitudinal employer - 9

employment trends - 9

commodity - 9

competitor - 9

productivity measures - 9

aggregate productivity - 9

reallocation productivity - 9

analysis - 9

indicator - 9

workforce indicators - 9

exporter - 9

business data - 9

founder - 9

endogenous - 9

decade - 9

aging - 9

researcher - 9

region - 9

dispersion productivity - 8

sector productivity - 8

prevalence - 8

consumer - 8

loan - 8

patent - 8

prospect - 8

innovate - 8

relocating - 8

woman - 8

geographically - 8

shock - 8

bankruptcy - 8

product - 8

sourcing - 8

productivity increases - 8

trends employment - 8

buyer - 8

yearly - 8

measures employment - 8

mobility - 8

trends labor - 8

wages productivity - 8

ownership - 8

retirement - 8

area - 8

exogeneity - 7

measures productivity - 7

effects employment - 7

unemployment insurance - 7

benefit - 7

union - 7

agriculture - 7

inflation - 7

spending - 7

ethnicity - 7

census survey - 7

technology - 7

productivity estimates - 7

stock - 7

wage growth - 7

firms employment - 7

firms young - 7

warehousing - 7

wealth - 7

home - 7

firms census - 7

estimator - 7

use census - 7

tax - 7

employment earnings - 7

forecast - 7

department - 7

record - 7

policy - 7

worker demographics - 7

classified - 7

classification - 7

subsidiary - 7

externality - 7

businesses census - 7

census years - 7

surveys censuses - 7

rent - 7

census business - 7

employment measures - 7

opportunity - 7

census research - 7

factory - 7

empirical - 7

grocery - 6

productivity variation - 6

paper census - 6

good - 6

lender - 6

racial - 6

race - 6

shareholder - 6

job growth - 6

outsourced - 6

gender - 6

pricing - 6

firms grow - 6

industry growth - 6

quantity - 6

discrepancy - 6

autoregressive - 6

rate - 6

contract - 6

utilization - 6

emission - 6

industry variation - 6

econometrically - 6

recession employment - 6

rates productivity - 6

shipment - 6

exporting - 6

custom - 6

database - 6

startup firms - 6

segregation - 6

imputation - 6

supplier - 6

analysis productivity - 6

employment recession - 6

economic statistics - 6

confidentiality - 6

firm growth - 6

producing - 6

growth firms - 6

owned businesses - 6

study - 6

restructuring - 6

agglomeration economies - 6

agglomeration - 6

capital - 6

warehouse - 5

productivity analysis - 5

percentile - 5

businesses grow - 5

compliance - 5

country - 5

community - 5

eligibility - 5

gain - 5

purchase - 5

lending - 5

credit - 5

employment effects - 5

household surveys - 5

productivity shocks - 5

city - 5

immigration - 5

migrate - 5

migrating - 5

earnings age - 5

insured - 5

bank - 5

funding - 5

prices products - 5

competitiveness - 5

migrant - 5

income data - 5

sectoral - 5

industry concentration - 5

analyst - 5

imported - 5

importer - 5

ethnic - 5

medicare - 5

healthcare - 5

regulatory - 5

industrial classification - 5

classifying - 5

epa - 5

productivity differences - 5

regulation productivity - 5

reporting - 5

workers earnings - 5

foreign - 5

regional economic - 5

associate - 5

trading - 5

downturn - 5

employment wages - 5

industry employment - 5

increase employment - 5

estimates productivity - 5

fluctuation - 5

innovative - 5

ssa - 5

information - 5

industry output - 5

profitable - 5

owner - 5

research - 5

volatility - 5

subsidy - 5

merchandise - 4

small businesses - 4

crime - 4

assessed - 4

provided census - 4

pandemic - 4

rurality - 4

creditor - 4

town - 4

sociology - 4

takeover - 4

invention - 4

manufacturing productivity - 4

unobserved - 4

advantage - 4

investing - 4

patenting - 4

wage regressions - 4

urbanization - 4

larger firms - 4

borrowing - 4

borrow - 4

substitute - 4

survey income - 4

level productivity - 4

expense - 4

income survey - 4

black - 4

white - 4

matching - 4

medicaid - 4

earnings employees - 4

earnings workers - 4

observed productivity - 4

plant productivity - 4

monopolistically - 4

franchising - 4

restaurant - 4

executive - 4

tech - 4

importing - 4

exported - 4

census use - 4

public - 4

startups employees - 4

wage gap - 4

collateral - 4

transition - 4

impact - 4

exogenous - 4

firm dynamics - 4

pension - 4

health insurance - 4

insurance coverage - 4

linked census - 4

census file - 4

wage data - 4

privacy - 4

innovator - 4

productivity firms - 4

effect wages - 4

international trade - 4

growth employment - 4

business owners - 4

dependent - 4

moving - 4

commute - 4

productivity wage - 4

yield - 4

employment entrepreneurship - 4

heterogeneous - 4

retailing - 4

coverage employer - 4

pollution - 4

environmental - 4

statistical agencies - 4

capital productivity - 4

educated - 4

distribution - 3

mandate - 3

employed census - 3

childcare - 3

poorer - 3

trade costs - 3

borrower - 3

citizen - 3

investment productivity - 3

innovation productivity - 3

innovating - 3

invest - 3

firms age - 3

urban - 3

risk - 3

security - 3

midwest - 3

firms size - 3

banking - 3

renter - 3

disaster - 3

estimates production - 3

policymakers - 3

impact employment - 3

consolidated - 3

taxpayer - 3

1040 - 3

enforcement - 3

latino - 3

refinery - 3

renewable - 3

corp - 3

elasticity - 3

uninsured - 3

maternal - 3

export market - 3

employment production - 3

establishments data - 3

business startups - 3

small firms - 3

customer - 3

technology adoption - 3

subsidized - 3

fiscal - 3

employment distribution - 3

budget - 3

parental - 3

fertility - 3

wages production - 3

wage industries - 3

firm innovation - 3

premium - 3

enrollee - 3

insurance premiums - 3

manager - 3

oligopolistic - 3

oligopoly - 3

publicly - 3

industry wages - 3

practices productivity - 3

liquidation - 3

bankrupt - 3

debtor - 3

manufacturing industries - 3

wage differences - 3

survey data - 3

statistical disclosure - 3

women earnings - 3

characteristics businesses - 3

income year - 3

assessing - 3

generation - 3

taxation - 3

agricultural - 3

inference - 3

intergenerational - 3

family - 3

foreign trade - 3

exemption - 3

regressors - 3

diversify - 3

environmental regulation - 3

polluting - 3

employment changes - 3

equilibrium - 3

geography - 3

race census - 3

conglomerate - 3

diversification - 3

retiree - 3

segregated - 3

efficient - 3

firms plants - 3

Viewing papers 121 through 130 of 340


  • Working Paper

    The Parental Gender Earnings Gap in the United States

    January 2017

    Working Paper Number:

    CES-17-68

    This paper examines the parental gender earnings gap, the within-couple differences in earnings over time, before and after the birth of a child. The presence and timing of children are important components of the gender wage gap, but there is selection in both decisions. We estimate the earnings gap between male and female spouses over time, which allows us to control for this timing choice as well as other shared external earnings shifters, such as the local labor market. We use Social Security Administration Detail Earnings Records (SSA-DER) data linked to the Survey of Income and Program Participation (SIPP) to examine a panel of earnings from 1978 to 2011 for the individuals in the SIPP sample. Our main results show that the spousal earnings gap doubles between two years before the birth of the first child and the year after that child is born. After the child's first year of life the gap continues to grow for the next five years, but at a much slower rate, then tapers off and even begins to fall once the child reaches school-age.
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  • Working Paper

    Ranking Firms Using Revealed Preference

    January 2017

    Authors: Isaac Sorkin

    Working Paper Number:

    CES-17-61

    This paper estimates workers' preferences for firms by studying the structure of employer-toemployer transitions in U.S. administrative data. The paper uses a tool from numerical linear algebra to measure the central tendency of worker flows, which is closely related to the ranking of firms revealed by workers' choices. There is evidence for compensating differential when workers systematically move to lower-paying firms in a way that cannot be accounted for by layoffs or differences in recruiting intensity. The estimates suggest that compensating differentials account for over half of the firm component of the variance of earnings.
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  • Working Paper

    Effects of a Government-Academic Partnership: Has the NSF-Census Bureau Research Network Helped Improve the U.S. Statistical System?

    January 2017

    Working Paper Number:

    CES-17-59R

    The National Science Foundation-Census Bureau Research Network (NCRN) was established in 2011 to create interdisciplinary research nodes on methodological questions of interest and significance to the broader research community and to the Federal Statistical System (FSS), particularly the Census Bureau. The activities to date have covered both fundamental and applied statistical research and have focused at least in part on the training of current and future generations of researchers in skills of relevance to surveys and alternative measurement of economic units, households, and persons. This paper discusses some of the key research findings of the eight nodes, organized into six topics: (1) Improving census and survey data collection methods; (2) Using alternative sources of data; (3) Protecting privacy and confidentiality by improving disclosure avoidance; (4) Using spatial and spatio-temporal statistical modeling to improve estimates; (5) Assessing data cost and quality tradeoffs; and (6) Combining information from multiple sources. It also reports on collaborations across nodes and with federal agencies, new software developed, and educational activities and outcomes. The paper concludes with an evaluation of the ability of the FSS to apply the NCRN's research outcomes and suggests some next steps, as well as the implications of this research-network model for future federal government renewal initiatives.
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  • Working Paper

    Firm Reorganization, Chinese Imports, and US Manufacturing Employment

    January 2017

    Authors: Ildikó Magyari

    Working Paper Number:

    CES-17-58

    What is the impact of Chinese imports on employment of US manufacturing firms? Previous papers have found a negative effect of Chinese imports on employment in US manufacturing establishments, industries, and regions. However, I show theoretically and empirically that the impact of offshoring on firms, which can be thought of as collections of establishments ' differs from the impact on individual establishments - because offshoring reduces costs at the firm level. These cost reductions can result in firms expanding their total manufacturing employment in industries in which the US has a comparative advantage relative to China, even as specific establishments within the firm shrink. Using novel data on firms from the US Census Bureau, I show that the data support this view: US firms expanded manufacturing employment as reorganization toward less exposed industries in response to increased Chinese imports in US output and input markets allowed them to reduce the cost of production. More exposed firms expanded employment by 2 percent more per year as they hired more (i) production workers in manufacturing, whom they paid higher wages, and (ii) in services complementary to high-skilled and high-tech manufacturing, such as R&D, design, engineering, and headquarters services. In other words, although Chinese imports may have reduced employment within some establishments, these losses were more than offset by gains in employment within the same firms. Contrary to conventional wisdom, firms exposed to greater Chinese imports created more manufacturing and nonmanufacturing jobs than non-exposed firms.
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  • Working Paper

    Estimating the Local Productivity Spillovers from Science

    January 2017

    Working Paper Number:

    CES-17-56

    We estimate the local productivity spillovers from science by relating wages and real estate prices across metros to measures of scienti c activity in those metros. We address three fundamental challenges: (1) factor input adjustments using wages and real estate prices, along with Shepards Lemma, to estimate changes metros' productivity, which must equal changes in unit production cost; (2) unobserved differences in metros/causality using a share shift index that exploits historic variation in the mix of research in metros interacted with trends in federal funding for specific fields as an instrument; (3) unobserved differences in workers using data on the states in which people are born. Our estimates show a strong positive relationship between wages and scientifc research and a weak positive relationship for real estate prices. Overall, we estimate high rate of return to research.
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  • Working Paper

    The Potential for Using Combined Survey and Administrative Data Sources to Study Internal Labor Migration

    January 2017

    Working Paper Number:

    CES-17-55

    This paper introduces a novel data set combining survey data from the American Community Survey (ACS) with administrative data on employment from the Longitudinal Employer-Household Dynamics program, in order to study geographic labor mobility. With its rich set of information about individuals at the time of the migration decision, large sample size, and near-comprehensive ability to detect labor mobility, the new combined ACS-LEHD data offers several advantages over the existing data sets that are typically used in the study of migration, such as the Decennial Census, Current Population Survey, and Internal Revenue Service data. An overview of how these different data sets can be employed, and examples demonstrating the usefulness of the newly proposed data set, are provided. Aggregate statistics and stylized facts are generated from the ACS-LEHD data which reveal many of the same features as the existing data sets, including the decline of aggregate mobility throughout the past decade, as well as many of the known demographic differences in migration propensity.
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  • Working Paper

    Hours Off the Clock

    January 2017

    Authors: Andrew S. Green

    Working Paper Number:

    CES-17-44

    To what extent do workers work more hours than they are paid for? The relationship between hours worked and hours paid, and the conditions under which employers can demand more hours 'off the clock,' is not well understood. The answer to this question impacts worker welfare, as well as wage and hour regulation. In addition, work off the clock has important implications for the measurement and cyclical movement of productivity and wages. In this paper, I construct a unique administrative dataset of hours paid by employers linked to a survey of workers on their reported hours worked to measure work off the clock. Using cross-sectional variation in local labor markets, I find only a small cyclical component to work off the clock. The results point to labor hoarding rather than efficiency wage theory, indicating work off the clock cannot explain the counter-cyclical movement of productivity. I find workers employed by small firms, and in industries with a high rate of wage and hour violations are associated with larger differences in hours worked than hours paid. These findings suggest the importance of tracking hours of work for enforcement of labor regulations.
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  • Working Paper

    Personal Bankruptcy Law and Entrepreneurship

    January 2017

    Working Paper Number:

    CES-17-42R

    We study the effect of debtor protection on firm entry and exit dynamics. We find that more lenient personal bankruptcy laws lead to higher firm entry, especially in sectors with low entry barriers. We also find that debtor protection increases firm exit rates and that this effect is independent of firm age. Our results overall indicate that changes in debtor protection affect firm dynamics.
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  • Working Paper

    Macro and Micro Dynamics of Productivity: From Devilish Details to Insights

    January 2017

    Working Paper Number:

    CES-17-41R

    Researchers use a variety of methods to estimate total factor productivity (TFP) at the firm level and, while these may seem broadly equivalent, how the resulting measures relate to the TFP concept in theoretical models depends on the assumptions about the environment in which firms operate. Interpreting these measures and drawing insights based upon their characteristics thus must take into account these conceptual differences. Absent data on prices and quantities, most methods yield 'revenue productivity' measures. We focus on two broad classes of revenue productivity measures in our examination of the relationship between measured and conceptual TFP (TFPQ). The first measure has been increasingly used as a measure of idiosyncratic distortions and to assess the degree of misallocation. The second measure is, under standard assumptions, a function of funda- mentals (e.g., TFPQ). Using plant-level U.S. manufacturing data, we find these alternative measures are (i) highly correlated; (ii) exhibit similar dispersion; and (iii) have similar relationships with growth and survival. These findings raise questions about interpreting the first measure as a measure of idiosyncratic distortions. We also explore the sensitivity of estimates of the contribution of reallocation to aggregate productivity growth to these alternative approaches. We use recently developed structural decompositions of aggregate productivity growth that depend critically on estimates of output versus revenue elasticities. We find alternative approaches all yield a significant contribution of reallocation to productivity growth (although the quantitative contribution varies across approaches).
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  • Working Paper

    Creditor Rights, Technology Adoption, and Productivity: Plant-Level Evidence

    January 2017

    Authors: Nuri Ersahin

    Working Paper Number:

    CES-17-36

    I analyze the impact of strengthening of creditor rights on productivity using plant-level data from the U.S. Census Bureau. Following the adoption of anti-recharacterization laws that improve the ability of lenders to access the collateral of the firm, total factor productivity of treated plants increases by 2.6 percent. This effect is mainly observed among plants belonging to financially constrained firms. Furthermore, treated plants invest in capital of younger vintage and newer technology, and become more capital-intensive. My results suggest that strengthening of creditor rights leads to a relaxation in borrowing constraints, and helps firms adopt a more efficient production technology.
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