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“Sustainable prosperity” denotes an economy that generates stable and equitable growth for a large and growing middle class. From the 1940s into the 1970s, the United States appeared to be on a trajectory of sustainable prosperity, especially for white-male members of the U.S. labor force....
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not matter significantly at the upper end of the performance distribution. Data for the analysis was derived from a survey …
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We develop a new monthly panel survey of business executives and a new question design that elicits subjective … probability distributions over own-firm outcomes at a one-year lookahead horizon. Our Survey of Business Uncertainty (SBU) began …
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The last three decades have witnessed an explosion of theoretical work on the organization of firms (Robert Gibbons and John Roberts, 2009). In parallel, there has been a massive increase in access to micro data which has revealed huge dispersions in productivity. For example, within narrow...
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We develop a new monthly panel survey of business executives and a new question design that elicits subjective … probability distributions over own-firm outcomes at a one-year lookahead horizon. Our Survey of Business Uncertainty (SBU) began …
Persistent link: https://www.econbiz.de/10012848851
-year look-ahead horizon. In terms of question design, our key innovation is to let survey respondents freely select support … collection, we develop and field a new monthly panel Survey of Business Uncertainty. The SBU began in 2014 and now covers about 1 …
Persistent link: https://www.econbiz.de/10012848967
Conventional wisdom suggests that small businesses are innovative engines of Schumpetarian growth. However, as small businesses, they are likely to face credit rationing in financial markets. If true then policies that promote lending to small businesses may yield substantial economy-wide...
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