| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w25874 |
| 来源ID | Working Paper 25874 |
| Demographic Origins of the Startup Deficit | |
| Fatih Karahan; Benjamin Pugsley; Ayşegül Şahin | |
| 发表日期 | 2019-05-27 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | We propose a simple explanation for the long-run decline in the startup rate. It was caused by a slowdown in labor supply growth since the late 1970s, largely pre-determined by demographics. This channel explains roughly two-thirds of the decline and why incumbent firm survival and average growth over the lifecycle have been little changed. We show these results in a standard model of firm dynamics and test the mechanism using shocks to labor supply growth across states. Finally, we show that a longer startup rate series imputed using historical establishment tabulations rises over the 1960-70s period of accelerating labor force growth. |
| 主题 | Microeconomics ; Households and Firms ; Macroeconomics ; Consumption and Investment ; Labor Economics ; Demography and Aging |
| URL | https://www.nber.org/papers/w25874 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/583547 |
| 推荐引用方式 GB/T 7714 | Fatih Karahan,Benjamin Pugsley,Ayşegül Şahin. Demographic Origins of the Startup Deficit. 2019. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w25874.pdf（1273KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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