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Documentation for:

Startups and Employment Following the COVID Pandemic: A Calculator
by Cristiana Benedetti-Fasil, Petr Sedlacek and Vincent Sterk


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Results in the paper are based on the following, publically available, Startup Calculators:
- US economy: https://users.ox.ac.uk/~econ0506/Main/StartupCalculator.html
- EU economies: https://joint-research-centre.ec.europa.eu/eu-start-calculator-impact-covid-19-employment_en

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Folders 
- Calculators: includes startup calculators for the US (4 scenarios) and for France, Germany, Italy and Spain (2 scenarios)
- Code: includes Matlab code to replicate all figures in the Paper
- Data: includes "raw" data files from the BDS and BFS and data for Tables 1 and 2
- Manuscript: includes text files
- Tables: inclues data for Tables 1 and 2

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To generate all figures in the paper, run "Code/Figures_Replication.m"

- get_Delta_x.m computes the year-specific change in exit rates ("Delta_x") from p. 8. 
- get_f_x.m interpolates the number of firms and exit rates by age
- get_Delta_s.m computes the year-specific change in firm size ("Delta_s") from p. 8.
- get_s.m interpolates firm size by age

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Tables 1 and 2, together with the data source files, are contained in "Data/Tables"

Values for Table 1 are based on BDM data (available at https://www.bls.gov/bdm/)
Values for Table 2 are based on Eurostat data (available at https://ec.europa.eu/eurostat/web/structural-business-statistics/business-demography) 
   and BDS data (available at https://www.census.gov/programs-surveys/bds.html). 









