Private equity, jobs, and productivity
Davis, S. J., Haltiwanger, J., Handley, K., Jarmin, R., Lerner, J., & Miranda, J. (2014)
American Economic Review, 104(12), 3956-3990
3,200 US buyout targets and their 150,000 establishments, 1980 to 2005, with Census controls. Modest net job losses, large gross job reallocation, and TFP gains driven by exit of weak establishments and entry of productive ones.
Sourcedoi:10.1257/aer.104.12.3956344 citations (OpenAlex)