Recent evidence has shown that entrants into self-employment are disproportionately drawn from the tails of the earnings and ability distributions. This observation is explained by a multitask model of occupational choice in which frictions in the labor market induce mismatches between firms and...

This paper produces new estimates of the rate of organizational forgetting in the well-known case study of U.S. wartime ship production. Estimates obtained using data constructed from primary sources at the National Archives yield rates of forgetting that are much smaller than previously...