Did US business dynamism recover in the 2010s?
研究发现美国企业和机构进入率在2010年代上升，但就业创造与破坏率未恢复，控制单位规模后显示商业活力仍处于历史低位。
We provide evidence that both firm and establishment entry rates in the US have been increasing over the past decade, seemingly ending the decline observed over previous decades. However, neither the job creation and destruction rates nor the reallocation rates show signs of recovery. These conflicting features are reconciled after we control for the changes in job size of business units. As a result, we conclude that business dynamism flattened at historically low levels during the 2010s.