Brandon B. Wall
Department of Economics
579 Serra Mall
Stanford, CA 94305-6072
Institutional Affiliation: Stanford University
Information about this author at RePEc
NBER Working Papers and Publications
|February 2008||Do Small Businesses Create More Jobs? New Evidence from the National Establishment Time Series|
with David Neumark, Junfu Zhang: w13818
We use a new database, the National Establishment Time Series (NETS), to revisit the debate about the role of small businesses in job creation. Birch (e.g., 1987) argued that small firms are the most important source of job creation in the U.S. economy, but Davis et al. (1996a) argued that this conclusion was flawed, and based on improved methods and using data for the manufacturing sector they concluded that there was no relationship between establishment size and net job creation. Using the NETS data, we examine evidence for the overall economy, as well as for different sectors. The results indicate that small establishments and small firms create more jobs, on net, although the difference is much smaller than what is suggested by Birch's methods. However, the negative relationship b...
Published: David Neumark & Brandon Wall & Junfu Zhang, 2011. "Do Small Businesses Create More Jobs? New Evidence for the United States from the National Establishment Time Series," Review of Economics and Statistics, vol 93(1), pages 16-29.
|October 2005||Employment Dynamics and Business Relocation: New Evidence from the National Establishment Time Series|
with David Neumark, Junfu Zhang: w11647
We analyze and assess new evidence on employment dynamics from a new data source %uF818 the National Establishment Time Series (NETS). The NETS offers advantages over existing data sources for studying employment dynamics, including tracking business establishment relocations that can contribute to job creation or destruction on a regional level. Our primary purpose in this paper is to assess the reliability of the NETS data along a number of dimensions, and we conclude that it is a reliable data source although not without limitations. We also illustrate the usefulness of the NETS data by reporting, for California, a full decomposition of employment change into its six constituent processes, including job creation and destruction stemming from business relocation, which has figured promi...
Published: Neumark, David, Junfu Zhang, and Brandon Wall. “Employment Dynamics and Business Relocation: New Evidence from the National Establishment Time Series.” Research in Labor Economics (2007): 39-83.