Firm size and business cycles

Artikel

The discussion on how economic activity affects employment in large and small businesses is critical for the formulation of labor policies, especially during recessions. Knowing how firm size is related to job creation and job destruction is important to design effective policies aimed at dampening employment fluctuations. Recent evidence for developed countries indicates that large firms are proportionately more sensitive to cycles than small firms; however, this pattern is not confirmed for periods of credit constraint or in a developing country context, where small businesses might be more sensitive due to more extreme credit constraints.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: IZA World of Labor ; ISSN: 2054-9571 ; Year: 2017 ; Bonn: Institute for the Study of Labor (IZA)

Classification and Topics

• Classification: Wirtschaft ; Labor Force and Employment, Size, and Structure ; Particular Labor Markets: General ; Business Fluctuations; Cycles
• Subject: job flows ; firm size ; business cycles

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Cravo, Tulio A.
• Event: Veröffentlichung
• (who): Institute for the Study of Labor (IZA)
• (where): Bonn
• (when): 2017

Further information

• DOI: doi:10.15185/izawol.371
• Handle: http://hdl.handle.net/10419/171179
• Last update: 10.03.2025, 11:41 AM CET