Working Paper
The use of alternative employment arrangements by small businesses: evidence from the 2003 Survey of Small Business Finances
Mach, Traci L.; Holmes, John A. (2008)
According to the CPS, employees in alternative work arrangements make up over 10 percent of U.S. workers. Because of the pervasiveness of these types of arrangements, it is important to understand why firms are choosing to use them. Using data from the 2003 Survey of Small Business Finances, we model the firm's decision to use alternative employment arrangements using a large representative sample of small businesses in the U.S. In general, our results are similar to previous establishment-level studies that have examined the use of these types of employment arrangements. However, many of ...
Finance and Economics Discussion Series , Paper 2008-45

Working Paper
Distance still matters: the information revolution in small business lending and the persistent role of location, 1993-2003
Brevoort, Kenneth P.; Holmes, John A.; Wolken, John D. (2010)
In a seminal article on small business lending, Petersen & Rajan (2002) argue that technological changes have revolutionized small business lending markets, weakening the reliance of small businesses on local lenders and increasing geographic distances between firms and their credit suppliers. While their data only cover through 1993, they conjecture that the pace of change accelerated after 1993. Using the 1993, 1998, and 2003 Surveys of Small Business Finances (SSBFs), we test whether the distance changes identified by Petersen and Rajan continued or accelerated during the following decade. ...
Finance and Economics Discussion Series , Paper 2010-08