Article ID Journal Published Year Pages File Type
5060769 Economics Letters 2012 4 Pages PDF
Abstract
► Assess the impact of firm size on exit during crises. ► Use a unique longitudinal database with all firms with wage earners in Portugal from 1988 until 2005. ► Estimate a piecewise constant hazard model. ► During downturns size reduces firms' exit risk by less; the hazard rate increases more rapidly in size.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
The effect of crises on firm exit and the moderating effect of firm size
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