Beason, Dick; Gordon, Ken; Mehrotra, Vikas; Watanabe, Akiko - Center for Economic Institutions, Institute of Economic … - 2009
companies did start to implement tough restructuring measures at the start of the 21st century, but there is little evidence … Exchange, we collect all restructuring announcement made in the aftermath of the so-called lost decade, specifically in the … 2000-2001 period. Our results are striking in that while we find that firms engaging in restructuring of various sorts …