Do Small and Medium-Sized Enterprises Stabilize Employment? Theoretical Considerations and Evidence from Germany
Ralf Fendel; Michael Frenkel;
Subject: Do Small and Medium-Sized Enterprises Stabilize Employment? Theoretical Considerations and Evidence from Germany | Business Cycle, Unemployment, Firm Behavior
jel: jel:E32 | jel:D21 | jel:E25
The hypothesis that the behavior of firms in adjusting the number of their employees along a business cycle depends on the size of the firms has often been mentioned in the literature. Several authors argue that small and medium sized enterprises are more hesitant in hi... View more
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