Erika McEntarfer
@erikamcentarfer
Labor economist * Commissioner @BLS_gov * formerly @WhiteHouseCEA, @uscensusbureau, @USTreasury * MAC-en-tar-fur * personal account - all opinions my own.
ID: 903978708343685120
02-09-2017 13:51:34
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The latest New Bazaar features my chat with Martha Gimbel and Gopi Shah Goda about their time inside Council of Economic Advisers, including their toughest projects, academia vs policy work, and some common misconceptions. Plus Martha finally clears up GDP Chartgate! bazaaraudio.com/the-new-bazaar…
Reasons for declining dynamism in US establishments include changes in profit processes, increased impatience, market power, and adjustment costs. Increased adjustment costs account for much of the reduction, from Cooper, John Haltiwanger, and Willis nber.org/papers/w32130
Has the pandemic-era surge in business entry been limited to "lifestyle" entrepreneurs and "mom n pop shops" with little growth potential, or has it featured the kinds of high tech investments that are important for innovation and productivity growth? federalreserve.gov/econres/notes/…
Heads Up: here's BLS-Labor Statistics's explanation to The Times on the question of the hurricane's impact on today's jobs data: "Hurricane Beryl had no discernible effect on national unemployment data." more below: