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Survey of Current Business
Presents current statistical data on economic activity.
Manufacturing Establishments Reclassified Into New Industries
Establishment reclassification occurs when an establishment classified in one industry in one year is reclassified into another industry in another year. Because of survey design rules at the Census Bureau these reclassifications occur systematically over time, and affect the industry-level time series of output and employment. The evidence shows that reclassified establishments occur most often in two distinct years over the life of a sample panel. Switches are not only numerous in these years, they also contribute significantly to measured industry change in industry output and employment. The problem is that reclassifications are not necessarily processed in the year that they occur. The ...
LBOs, Debt and R&D Intensity
This paper deals with the impact on R&D intensity for firms undergoing a leveage buyout (LBO). We develop seven hypothesis.
