The effect of business cycles is not experienced equally by all workers and official statistics usually do not uncover the dramatic differences in the severity of the cyclical impacts for different groups. Yet, research on the relationship between business cycles and (un)employment or...

The important debate about how economic fluctuations affect employment reallocation in heterogeneous businesses is currently open in the literature. This debate is relevant as it matters for the understanding of the labor market dynamics, and for devising labor policies that aim at dampening...

While the relationship between business cycles and employment is a topic of continuing interest, it has received limited attention in the literature focusing on developing countries. This study adds to the literature as it analyzes the heterogeneous correlations of the business cycle with...