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Firm-level labour demand: adjustment in good times and during the crisis
Babecký, Jan ; Galuščák, Kamil ; Lízal, Lubomír
Using a large panel of Czech manufacturing firms with 50 or more employees, we update the firm-level labour demand elasticity estimates for 2002–2009. The economic crisis of 2008–2009 provides a source of variation needed for getting estimates that cover not only times of growth, but also a period of economic contraction.
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