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Entry, Exit of Firms Amplify the Business Cycle
Abstract: When new businesses are created, they generate new jobs. When unprofitable businesses close, employees lose their jobs. Given the connection between firm entry and exit and changes in employment, it is natural to ask how this entry and exit affects the broader business cycle.
Keywords: Economic conditions; COVID-19;
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https://www.dallasfed.org/research/economics/2020/0714
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Bibliographic Information
Provider: Federal Reserve Bank of Dallas
Source: Dallas Fed Economics
Publication Date: 2020-07-14