The Contribution of Large and Small Employers to Job Creation in Times of High and Low Unemployment

We document a negative correlation, at business cycle frequencies, between the net job creation rate of large employers and the level of aggregate unemployment that is much stronger than for small employers. The differential growth rate of employment between initially large and small employers has a...

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Bibliographic Details
Published in:The American economic review 2012-10, Vol.102 (6), p.2509-2539
Main Authors: Moscarini, Giuseppe, Postel-Vinay, Fabien
Format: Article
Language:English
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