Table 5
Impact of firm-level shocks on aggregate employment growth

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Table 5
Impact of firm-level shocks on aggregate employment growth
Table summary
This table displays the results of Impact of firm-level shocks on aggregate employment growth Dependent variable, aggregate employment growth (appearing as column headers).
  Dependent variable, aggregate employment growth
Granular shock 1 Granular shock 2 Granular shock 3
Granular shock  
Coefficient 0.107 0.029 0.098
Standard error 0.071 0.043 0.071
Constant  
Coefficient -0.026Note ** -0.027Note ** -0.026Note **
Standard error 0.004 0.004 0.004
Number of observations 1,032 1,032 1,032
R-squared 0.02 0.00 0.02
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