{"id":"https://openalex.org/W2594898057","doi":"https://doi.org/10.1016/j.jdeveco.2017.02.006","title":"Employment and firm heterogeneity, capital allocation, and countercyclical labor market policies","display_name":"Employment and firm heterogeneity, capital allocation, and countercyclical labor market policies","publication_year":2017,"publication_date":"2017-03-03","ids":{"openalex":"https://openalex.org/W2594898057","doi":"https://doi.org/10.1016/j.jdeveco.2017.02.006","mag":"2594898057"},"language":"en","primary_location":{"id":"doi:10.1016/j.jdeveco.2017.02.006","doi":"https://doi.org/10.1016/j.jdeveco.2017.02.006","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.jdeveco.2017.02.006","pdf_url":null,"source":{"id":"https://openalex.org/S101209419","display_name":"Journal of Development Economics","issn_l":"0304-3878","issn":["0304-3878","1872-6089"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","jufo-3","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Development Economics","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"http://www.federalreserve.gov/pubs/ifdp/2014/1115/ifdp1115.pdf","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5067736852","display_name":"Brendan Epstein","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I2802905149","display_name":"Federal Reserve Board of Governors","ror":"https://ror.org/00v448643","country_code":"US","type":"government","lineage":["https://openalex.org/I1317239608","https://openalex.org/I2802905149"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Brendan Epstein","raw_affiliation_strings":["Board of Governors of the Federal Reserve System, 20th St. and Constitution Ave. NW, Washington, D.C. 20551, United States"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Board of Governors of the Federal Reserve System, 20th St. and Constitution Ave. NW, Washington, D.C. 20551, United States","institution_ids":["https://openalex.org/I2802905149"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5022633443","display_name":"Alan Finkelstein Shapiro","orcid":"https://orcid.org/0000-0002-4132-9430","observed_orcids":["https://orcid.org/0000-0002-4132-9430"]},"institutions":[{"id":"https://openalex.org/I121934306","display_name":"Tufts University","ror":"https://ror.org/05wvpxv85","country_code":"US","type":"education","lineage":["https://openalex.org/I121934306"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Alan Finkelstein Shapiro","raw_affiliation_strings":["Department of Economics, Tufts University, Braker Hall, 8 Upper Campus Road, Medford, MA 02155, United States"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics, Tufts University, Braker Hall, 8 Upper Campus Road, Medford, MA 02155, United States","institution_ids":["https://openalex.org/I121934306"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5022633443"],"corresponding_institution_ids":["https://openalex.org/I121934306"],"apc_list":{"value":4590,"currency":"USD","value_usd":4590},"apc_paid":null,"fwci":5.7821,"has_fulltext":true,"cited_by_count":19,"citation_normalized_percentile":{"value":0.9598392,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":97},"biblio":{"volume":"127","issue":null,"first_page":"25","last_page":"41"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.6826000213623047,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.6826000213623047,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10208","display_name":"Labor market dynamics and wage inequality","score":0.10199999809265137,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11742","display_name":"Economic Theory and Policy","score":0.0632999986410141,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/firm-heterogeneity","display_name":"firm heterogeneity","score":0.8730000257492065},{"id":"https://openalex.org/keywords/micro-and-small-enterprises","display_name":"micro and small enterprises","score":0.8090000152587891},{"id":"https://openalex.org/keywords/capital-allocation","display_name":"capital allocation","score":0.9020000100135803},{"id":"https://openalex.org/keywords/frictional-labor-market","display_name":"frictional labor market","score":0.765999972820282},{"id":"https://openalex.org/keywords/business-cycle-model","display_name":"business cycle model","score":0.8610000014305115},{"id":"https://openalex.org/keywords/2008-financial-crisis","display_name":"2008 financial crisis","score":0.9319999814033508},{"id":"https://openalex.org/keywords/emerging-market-and-developing-economies","display_name":"emerging and developing economies","score":0.6790000200271606},{"id":"https://openalex.org/keywords/labor-productivity","display_name":"labor productivity","score":0.7080000042915344},{"id":"https://openalex.org/keywords/sectoral-employment","display_name":"sectoral employment","score":0.5960000157356262},{"id":"https://openalex.org/keywords/policy-effectiveness","display_name":"policy effectiveness","score":0.3869999945163727}],"concepts":[{"id":"https://openalex.org/C204983608","wikidata":"https://www.wikidata.org/wiki/Q2111958","display_name":"Productivity","level":2,"score":0.5775228142738342},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5700382590293884},{"id":"https://openalex.org/C134121241","wikidata":"https://www.wikidata.org/wiki/Q899301","display_name":"Yield (engineering)","level":2,"score":0.5034019351005554},{"id":"https://openalex.org/C145236788","wikidata":"https://www.wikidata.org/wiki/Q28161","display_name":"Labour economics","level":1,"score":0.469289630651474},{"id":"https://openalex.org/C83873408","wikidata":"https://www.wikidata.org/wiki/Q192311","display_name":"Business cycle","level":2,"score":0.4287644922733307},{"id":"https://openalex.org/C83646750","wikidata":"https://www.wikidata.org/wiki/Q193893","display_name":"Capital (architecture)","level":2,"score":0.4146081209182739},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.36127936840057373},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.13873061537742615},{"id":"https://openalex.org/C192562407","wikidata":"https://www.wikidata.org/wiki/Q228736","display_name":"Materials science","level":0,"score":0.0},{"id":"https://openalex.org/C95457728","wikidata":"https://www.wikidata.org/wiki/Q309","display_name":"History","level":0,"score":0.0},{"id":"https://openalex.org/C166957645","wikidata":"https://www.wikidata.org/wiki/Q23498","display_name":"Archaeology","level":1,"score":0.0},{"id":"https://openalex.org/C191897082","wikidata":"https://www.wikidata.org/wiki/Q11467","display_name":"Metallurgy","level":1,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.1016/j.jdeveco.2017.02.006","doi":"https://doi.org/10.1016/j.jdeveco.2017.02.006","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.jdeveco.2017.02.006","pdf_url":null,"source":{"id":"https://openalex.org/S101209419","display_name":"Journal of Development Economics","issn_l":"0304-3878","issn":["0304-3878","1872-6089"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","jufo-3","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Development Economics","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:fip:fedgif:1115","doi":null,"is_oa":true,"landing_page_url":"http://www.federalreserve.gov/pubs/ifdp/2014/1115/ifdp1115.pdf","pdf_url":"http://www.federalreserve.gov/pubs/ifdp/2014/1115/ifdp1115.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:RePEc:eee:deveco:v:127:y:2017:i:c:p:25-41","doi":null,"is_oa":false,"landing_page_url":"http://www.sciencedirect.com/science/article/pii/S0304387817300160","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":{"id":"pmh:oai:RePEc:fip:fedgif:1115","doi":null,"is_oa":true,"landing_page_url":"http://www.federalreserve.gov/pubs/ifdp/2014/1115/ifdp1115.pdf","pdf_url":"http://www.federalreserve.gov/pubs/ifdp/2014/1115/ifdp1115.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},"sustainable_development_goals":[{"display_name":"Decent work and economic growth","id":"https://metadata.un.org/sdg/8","score":1.0}],"sustainable_development_goals_aurora":[{"display_name":"Decent work and economic growth","id":"https://metadata.un.org/sdg/8","score":0.7400000095367432}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2594898057.pdf","grobid_xml":"https://content.openalex.org/works/W2594898057.grobid-xml"},"referenced_works_count":58,"referenced_works":["https://openalex.org/W71968558","https://openalex.org/W120072283","https://openalex.org/W293530260","https://openalex.org/W644552370","https://openalex.org/W1481021990","https://openalex.org/W1493924089","https://openalex.org/W1516646663","https://openalex.org/W1541171501","https://openalex.org/W1582936077","https://openalex.org/W1600107917","https://openalex.org/W1694701993","https://openalex.org/W1817288229","https://openalex.org/W1822504020","https://openalex.org/W1840431200","https://openalex.org/W1843443940","https://openalex.org/W1847123532","https://openalex.org/W1923238219","https://openalex.org/W1963884123","https://openalex.org/W1979262253","https://openalex.org/W2006753164","https://openalex.org/W2039399102","https://openalex.org/W2042153703","https://openalex.org/W2044294684","https://openalex.org/W2076822181","https://openalex.org/W2080196427","https://openalex.org/W2082661996","https://openalex.org/W2107189887","https://openalex.org/W2115849388","https://openalex.org/W2118081621","https://openalex.org/W2133552227","https://openalex.org/W2137852955","https://openalex.org/W2138552105","https://openalex.org/W2139090977","https://openalex.org/W2143478353","https://openalex.org/W2148320426","https://openalex.org/W2160838722","https://openalex.org/W2165769242","https://openalex.org/W2167593462","https://openalex.org/W2167940209","https://openalex.org/W2282125933","https://openalex.org/W2405585627","https://openalex.org/W2605496294","https://openalex.org/W2734826283","https://openalex.org/W3121865436","https://openalex.org/W3122025477","https://openalex.org/W3122131735","https://openalex.org/W3122152151","https://openalex.org/W3122426219","https://openalex.org/W3123011427","https://openalex.org/W3123168678","https://openalex.org/W3123560836","https://openalex.org/W3124983317","https://openalex.org/W3125036203","https://openalex.org/W3125344093","https://openalex.org/W3125524880","https://openalex.org/W3150806730","https://openalex.org/W4248013561","https://openalex.org/W4285719527"],"related_works":["https://openalex.org/W7074736577","https://openalex.org/W2954788316","https://openalex.org/W7164210026","https://openalex.org/W2184663695","https://openalex.org/W3122328774","https://openalex.org/W3143264763","https://openalex.org/W1530789731","https://openalex.org/W4205188195","https://openalex.org/W4281958320","https://openalex.org/W3121873284"],"abstract_inverted_index":null,"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":2},{"year":2022,"cited_by_count":3},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":3},{"year":2018,"cited_by_count":3},{"year":2017,"cited_by_count":2},{"year":2015,"cited_by_count":1}],"updated_date":"2026-10-14T16:39:01.820549","created_date":"2017-03-16T00:00:00"}
