Who Creates Jobs? Small vs. Large vs. YoungJohn C. Haltiwanger, Ron S. Jarmin, Javier Miranda
NBER Working Paper No. 16300 The view that small businesses create the most jobs remains appealing to policymakers and small business advocates. Using data from the Census Bureau Business Dynamics Statistics and Longitudinal Business Database, we explore the many issues at the core of this ongoing debate. We find that the relationship between firm size and employment growth is sensitive to these issues. However, our main finding is that once we control for firm age there is no systematic relationship between firm size and growth. Our findings highlight the important role of business startups and young businesses in U.S. job creation. You may purchase this paper on-line in .pdf format from SSRN.com ($5) for electronic delivery.
This paper was revised on November 20, 2012 |

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