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      <record key="001" att1="001" value="158912" att2="158912">001   158912</record>
      <field key="037" subkey="x">englisch</field>
      <field key="050" subkey="x">Forschungsbericht</field>
      <field key="076" subkey="">Ökonomie</field>
      <field key="079" subkey="y">http://www.ihs.ac.at/publications/eco/es-173.pdf</field>
      <field key="079" subkey="z">Böheim, René - et al., On the Persistence of Firm Expansion (pdf)</field>
      <field key="079" subkey="y">http://ideas.repec.org/p/ihs/ihsesp/173.html</field>
      <field key="079" subkey="z">Institute for Advanced Studies. Economics Series; 173 (RePEc)</field>
      <field key="100" subkey="">Böheim, René</field>
      <field key="103" subkey="">Department of Economics, University of Linz</field>
      <field key="104" subkey="a">Stiglbauer, Alfred</field>
      <field key="107" subkey="">Oesterreichische Nationalbank</field>
      <field key="108" subkey="a">Winter-Ebmer, Rudolf</field>
      <field key="111" subkey="">Department of Economics and Finance, Institute for Advanced Studies and University of Linz; IZA, Bonn; CEPR, London</field>
      <field key="331" subkey="">On the Persistence of Firm Expansion</field>
      <field key="335" subkey="">The survival of new jobs in Austrian firms</field>
      <field key="403" subkey="">1. Ed.</field>
      <field key="410" subkey="">Wien</field>
      <field key="412" subkey="">Institut für Höhere Studien</field>
      <field key="425" subkey="">2005, July</field>
      <field key="433" subkey="">21 pp.</field>
      <field key="451" subkey="">Institut für Höhere Studien; Reihe Ökonomie; 173</field>
      <field key="451" subkey="h">Kunst, Robert M. (Ed.) ; Fisher, Walter (Assoc. Ed.) ; Ritzberger, Klaus (Assoc. Ed.)</field>
      <field key="461" subkey="">Economics Series</field>
      <field key="517" subkey="c">from the Table of Contents: Introduction; Data and job turnover; Empirical methods; Results; Summary and conclusions; References;</field>
      <field key="542" subkey="">1605-7996</field>
      <field key="544" subkey="">IHSES 173</field>
      <field key="700" subkey="">J230</field>
      <field key="700" subkey="">J630</field>
      <field key="700" subkey="">E240</field>
      <field key="700" subkey="">E320</field>
      <field key="720" subkey="">Job creation</field>
      <field key="720" subkey="">Business cycle</field>
      <field key="720" subkey="">Reallocation</field>
      <field key="720" subkey="">Persistence</field>
      <field key="753" subkey="">Abstract: While the volatility of job creations has been studied extensively, the survival chances of new jobs are less</field>
      <field key="res" subkey="e">arched. The question when and how to expand a firm is of importance, both from the firm's and from a macro perspective.</field>
      <field key="Adj" subkey="u">stment cost theories and arguments about option values of investment in firm expansion make predictions about the timing,</field>
      <field key="seq" subkey="u">encing and form of firm expansions. When we analyze 21 years of job creation in Austria, we find that the survival of new</field>
      <field key="job" subkey="s">(and of new firms) depends upon the state of the business cycle at the time of job creation, on the number of jobs created,</field>
      <field key="and" subkey="">on firm age. Jobs in new firms last longer than new jobs in continuing firms.;</field>
    </SEQUENTIAL>
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