Over eight million jobs were lost in the Great Recession, creating widespread economic hardship. This paper documents a novel and robust empirical regularity, that highly concentrated local labor markets experienced larger employment declines during the Great Recession. I provide an explanation...

The purpose of this paper is to identify the critical factors currently affecting the financial performance of the private healthcare organizations in Greece, and also discussing the impact of the economic crisis on them. For this purpose, we analyzed financial data from a sample consisted of 79...