Misallocation Measures: The Distortion That Ate the Residual
NBER Working Paper No. 24199
---- Acknowledgments ----
John Haltiwanger is also a Schedule A employee of the U.S. Census Bureau and Robert Kulick a Census pathways intern at the time of the writing of this paper. We thank Ron Jarmin, Pete Klenow, and many seminar and conference participants for helpful comments. This paper previously circulated as “Misallocation Measures: Glowing Like the Metal on the Edge of a Knife.” Any opinions and conclusions expressed herein are those of the authors and do not necessarily represent the views of the U.S. Census Bureau or the National Bureau of Economic Research. All results have been reviewed to ensure that no confidential information is disclosed.