on the likelihood of being a zombie, while no effect for distressed firms is detected. A decrease in inflation and a … lower state of the business cycle is associated with a rise in both zombies and distressed firms. Examining a non … phenomena likely explain the presence of non-viable firms, although with dissimilarities between zombies and distressed firms. …

on the likelihood of being a zombie, while no effect for distressed firms is detected. A decrease in inflation and a … lower state of the business cycle is associated with a rise in both zombies and distressed firms. Examining a … phenomena likely explain the presence of non-viable firms, although with dissimilarities between zombies and distressed firms. …

reduced employment growth and profitability, in particular for financially distressed firms. We also conclude that minimum … wage increases had a positive impact on firms' exit, again amplified for financially distressed firms. According to these …