Sahin, Aysegül; Kitao, Sagiri; Cororaton, Anna; Laiu, … - In: Current Issues in Economics and Finance 17 (2011) July
Although both large and small businesses felt the sting of job losses during the 2007-09 downturn, small firms experienced disproportionate declines. A study of the recession’s employment effect on small firms suggests that poor sales and economic uncertainty were the main reasons for their...