Kirchesch, Kai - In: Journal of Economics and Statistics (Jahrbuecher fuer … 221 (2001) 5-6, pp. 473-490
Small and medium-sized enterprises are considered to be the principal generator of new jobs in the industrialised countries at least since the Birch (1979) study. According to this image, they are also stabilising the economy during the business cycles because of the lower volatility of their...
