Fackler, Daniel; Müller, Steffen; Stegmaier, Jens - In: Applied Economics 50 (2018) 50, pp. 5416-5435
This article analyzes the development of employment levels and worker flows before bankruptcies, plant closure without bankruptcies and mass layoffs. Utilizing administrative plant-level data for Germany, we find no systematic employment reductions prior to mass layoffs, a strong and...