Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/171179 
Authors: 
Year of Publication: 
2017
Citation: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Article No.:] 371 [Publisher:] Institute for the Study of Labor (IZA) [Place:] Bonn [Year:] 2017
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
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.
Subjects: 
job flows
firm size
business cycles
JEL: 
J21
J40
E32
Persistent Identifier of the first edition: 
Document Type: 
Article

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