John Couch Haltiwanger is the Dudley and Louisa Dillard Professor of Economics and Distinguished University Professor of Economics at the University of Maryland-College Park. He is best known for his work developing and studying longitudinal firm-level microdata, which formed the foundation of his influential work on the determinants of firm-level job creation, job destruction, and economic performance.
Haltiwanger is known for his influential work using firm-level longitudinal data to explore the dynamics of job creation, job destruction, and economic performance. In his 1996 book Job Creation and Destruction, he uses plant-level data from the manufacturing industry to examine how businesses and workers respond to changes in their economic environments. Among the most striking findings in the book are the large and persistent gross job flows, which dwarf the net job flows that are commonly observed in employment data. Job Creation and Destruction laid the groundwork for subsequent research that not only confirmed the existence of such large gross job flows in other time periods, sectors, and countries, but also delved into the mechanisms and theories that would explain these flows. In a review published in the Journal of Economic Literature in 1997, David Blanchflower concluded that Job Creation and Destruction "is an important piece of work. Not many books start literatures. This one is likely to. Buy it.". In a review published in Economica in 1998, Jonathan Haskel noted that Job Creation and Destruction "is a definitive documentation of job creation and destruction in the United States and has already proved to be the starting point for a rich body of work. How many other books can claim to be so influential in their field?". Job Creation and Destruction was a Choice Outstanding Academic Title in 1996. More recently, Haltiwanger has empirically explored the basis for the conventional view that small firms are responsible for the majority of growth in the U.S. economy. His research on the subject suggests that it is young firms, not small firms per se, that create the disproportionate number of jobs. Haltiwanger has also published widely cited articles in the Quarterly Journal of Economics, the American Economic Review, the Review of Economic Studies, the Review of Economics and Statistics, the Journal of Economic Literature, and other major economics and statistics journals.
Honors and awards
2014 Roger Herriot Award
2013 Julius Shiskin Memorial Award
Choice Outstanding Academic Title, Job Creation and Destruction
Choice Outstanding Academic Title, Economic Turbulence: Is A Volatile Economy Good for America?
Selected works
Books
Davis, S., J. Haltiwanger, and S. Schuh. 1996. Job Creation and Destruction. Cambridge: MIT Press.
Brown, C., J. Haltiwanger, and J. Lane. 2006. Economic Turbulence: Is A Volatile Economy Good for America? Chicago: University of Chicago Press.