Happy to share an updated version of our paper: “Why Firms Lay Off Workers Instead of Cutting Wages: Evidence From Linked Survey-Administrative Data” which is joint work with @bertheau.bsky.social Marianna Kudlyak and Morten Bennedsen
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5130949
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5130949
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