Moscarini, Giuseppe; Postel-Vinay, Fabien - Institute for the Study of Labor (IZA) - 2009
% over the business cycle. Omitting cyclical indicators may lead to conclude that, on average, these cyclical effects wash …We provide new evidence that large firms or establishments are more sensitive than small ones to business cycle …, both in gross and net terms. The differential growth rate of employment between large and small firms varies by about 5 …