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Masters of Disasters : The Heterogeneous Effects of a Crisis on Micro-Sized Firms (anglais)

Most crises have a disproportionately larger negative effect on micro-sized firms. Yet, the heterogeneity of impact within micro-sized firms is lesser known. Using five waves of the World Bank's Business Pulse Survey data, this paper finds that firms with zero to four employees have a much larger drop in sales and slower recovery rate compared to micro-sized firms with five to nine employees. The overall differences in the resilience between the two...
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INFORMATION

  • 2023/08/28

  • Document de travail de recherche sur les politiques

  • WPS10556

  • 1

  • Asie du Sud, Monde,

  • Asie du Sud, Autres,

  • 2023/08/28

  • Disclosed

  • Masters of Disasters : The Heterogeneous Effects of a Crisis on Micro-Sized Firms

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