On the Size Distribution of Employment and Establishments
Jonathan S. Leonard
Recent arguments that employment growth occurs disproportionately at
small establishments are fundamentally misleading because they confuse
regression to the mean with structural shifts in the size distribution of
establishments and with an aging effect within cohorts. The net growth
usually observed in aggregate studies hides the gross flows; 13 percent of the
jobs in existence in 1974 had disappeared by 1980, while 18 percent of the
1980 jobs had not existed six years previously. The variation observed here
in labor demand over time within individual establishments may help to explain
In order to set up a list of libraries that you have access to,
you must first login
or sign up.
Then set up a personal list of libraries from your profile page by
clicking on your user name at the top right of any screen.