The Impact of Private Equity Buyouts On Productivity and Jobs

Over the past two decades, the role of private equity in the real economy has dramatically increased. For example, private equity-backed U.S. companies numbered approximately 4,000 in 2006, but by 2018, that figure had doubled to around 8,000. Meanwhile, the number of publicly traded firms in the United States fell by 14 percent, from 5,113 […]