In this paper we investigate whether a relaxation in seniority rules (the "last-in-first-out"-principle) had any effect on firms' employment behaviour. Seniority rules exist in several countries and, like Sweden, most European countries have a more lenient employment protection for firms below a...

This paper analyses the causal effects of weaker dismissal protection on the incidence of long-term sickness ( six weeks). We exploit a German policy change, which shifted the threshold exempting small establishments from dismissal protection from five to ten workers. Using administrative data,...

This paper analyses the causal effects of weaker dismissal protection on the incidence of long-term sickness ( six weeks). We exploit a German policy change, which shifted the threshold exempting small establishments from dismissal protection from five to ten workers. Using administrative data,...

This paper analyses the differentials of productive values in Vietnamese micro, small, and medium enterprises (MSMEs) and how market constraints have hindered their performance. Quantitative analyses suggest substantial differences in value addition among manufacturing MSMEs, and the crucial...

Die Mittelstandshypothese besagt, dass kleine und mittlere Unternehmen (KMU) im Verhält-nis zur bereits bestehenden Beschäftigung einen relativ höheren Beitrag zur Schaffung neuer sozialversicherungspflichtiger Arbeitsplätze leisten als Großunternehmen. Die Ergebnisse der Analyse von...

Die Studie zeigt, dass sich insbesondere kapitalintensiv gefertigte Produkte, deren Fertigung mit hohen Skaleneffekten verbunden ist, für den Außenhandel eignen. Entsprechend treten vor allem Unternehmen aus dem Produzierenden Gewerbe und dem distributiven Sektor als Exporteure auf. Die...

This study empirically investigated the factors affecting firms' ability to adjust production in response to the COVID-19 outbreak. This study used firm-level survey data from the Enterprise Survey implemented by the World Bank Group, including a standard Enterprise Survey (Baseline) and two...

Since the first quarter of 2020, micro, small, and medium-sized enterprises (MSMEs) in developing countries have faced significant hardship due to the economic shocks related to the COVID-19 pandemic. Questions arise, however, regarding the extent to which MSMEs' hardship has varied between...

Soon after the outbreak of the COVID-19 pandemic, many governments began extending financial and other forms of support to micro, small, and medium enterprises (MSMEs) and their workers because smaller firms are more vulnerable to negative shocks to their supply chain, labor supply, and final...

Small and young businesses are essential for job creation, innovation, and economic growth. Even most of the superstar firms start their business life small and then grow over time. Small firms have less internal resources, which makes them more fragile and sensitive to macroeconomic conditions....