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Who creates and destroys jobs over the business cycle?

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The importance of two-sided heterogeneity for the cyclicality of labour market dynamics

Bachmann, Ronald; Bechara, Peggy - 2018

Using administrative data on individual workers' employment history and firms, we investigate the cyclicality of worker …. Transitions from unemployment to employment at large firms are generally found to be more (pro-)cyclical. However, this stylised …

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Financial constraints and firm size : micro-evidence and aggregate implications

Ferreira, Miguel H.; Haber, Timo; Rörig, Christian - 2023

Using a unique dataset covering the universe of Portuguese firms and their credit situation we show that financially constrained firms are found across the entire firm size distribution, even in the top 1%. Incorporating a richer, empirically supported, productivity process into a standard...

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Financial constraints and firm size : micro-evidence and aggregate implications

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Katsaus yritysten kasvuun ja sitä koskeviin politiikkatoimiin

Ali-Yrkkö, Jyrki; Kotiranta, Annu; Ylhäinen, Ilkka - 2017

growth and employment, and an overlook on the impacts of different policy measures on companies. The role of large companies … employment, especially among young and small companies. Impacts on the productivity are, however, uncertain. Cooperation of …

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