Reallocation in the Great Recession: Cleansing or Not?
---- Acknowledgements ----
Any opinions and conclusions expressed herein are those of the authors and do not necessarily represent the views of the U.S. Census Bureau. All results have been reviewed to ensure that no confidential information is disclosed. We thank the Kauffman Foundation for financial support and Robert Kulick for his superb research assistance. We thank David Card, Erik Hurst, Ron Jarmin, Alex Mas, Javier Miranda, two anonymous referees and participants at the COMP_NET conference in Dublin and the NBER Conference on Labor Markets in the Aftermath of the Great Recession for their helpful comments. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.