Apedo-Amah, Marie Christine; Avdiu, Besart; Cirera, Xavier - 2020
. First, the COVID-19 shock has been severe and widespread across firms, with persistent negative impact on sales. Second, the … employment adjustment has operated mostly along the intensive margin (that is leave of absence and reduction in hours), with a … about the future, especially among firms that have experienced a larger drop in sales, which is associated with job losses …