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employment in incumbent firms. This questions the effectiveness of policies that promote entrepreneurship to fight crises. We …
Persistent link: https://www.econbiz.de/10011567399
employment in incumbent firms. This questions the effectiveness of policies that promote entrepreneurship to fight crises. We …
Persistent link: https://www.econbiz.de/10011576100
employment in incumbent firms. This questions the effectiveness of policies that promote entrepreneurship to fight crises. We …
Persistent link: https://www.econbiz.de/10012977873
Using US annual data spanning four decades and several business cycles, we show that that job flow rates of young firms are more cyclical than those of mature firms and detect no difference between the cyclicality of job flow rates of small and large firms. Further, we find that job flow rates...
Persistent link: https://www.econbiz.de/10012890673
We propose a theory of endogenous firm-level volatility over the business cycle based on endogenous market exposure. Firms that reach a larger number of markets diversify market-specific demand risk at a cost. The model is driven only by total factor productivity shocks and captures the business...
Persistent link: https://www.econbiz.de/10013033879
We introduce a novel method for measuring economic uncertainty at the firm, sector, and aggregate levels using sales volatility and validate it by comparison with existing macroeconomic uncertainty measures. We use Compustat firms data in the period 2000-2022 to construct our uncertainty...
Persistent link: https://www.econbiz.de/10014486791
We use the latest available empirical evidence on the impact of the COVID-19 shock on the EU economy to predict its effect on firm entry, and in particular on high-growth startups, and on the related short- and long-run impact on employment growth. We find that the COVID-19 shock is expected to...
Persistent link: https://www.econbiz.de/10013247549
This paper sheds light on regional recovery prospects from the coronavirus disease 2019 (COVID-19) crisis by examining … and the 2007-2009 global financial crisis (GFC). Consistent with existing literature, our results show that US counties … that have suffered high employment losses during the COVID‐19 crisis and may be in need of support to aid recovery. …
Persistent link: https://www.econbiz.de/10014516992
Given the importance of firm strategic management in time of crises, this study investigates Micro, Small, and Medium Enterprises (MSMEs) survival strategies during the international sanctions against Iran. Using data from a questionnaire of 486 firms between December 2019 to September 2020, we...
Persistent link: https://www.econbiz.de/10012815811
entry strongly applies to unincorporated entrepreneurship, but only weakly to incorporated entrepreneurship. This highlights … the association of unincorporated and incorporated entrepreneurship with necessity and opportunity entrepreneurship …
Persistent link: https://www.econbiz.de/10012056959