Firm shutdown during the financial and the sovereign debt crises: Empirical evidence from Portugal
This paper examines Portuguese firms’ survival over the business cycle and investigates whether the effect of firm size varies across the phases of the cycle and with the type of shock associated with periods of economic contraction. Our results show that smaller firms are more likely to shut down t...
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| Format: | article |
| Language: | eng |
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2017
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| Online Access: | http://hdl.handle.net/1822/45545 |
| Country: | Portugal |
| Oai: | oai:repositorium.sdum.uminho.pt:1822/45545 |