Thursday, 2 March 2017

Study: Firms that owed more also laid off more workers during the 2007-2009 recession

(Massachusetts Institute of Technology) The debt levels of large companies just before the Great Recession of 2007-2009 are strongly linked to local unemployment spikes during that time, a novel study co-authored by an MIT professor finds -- adding another dimension to our picture of the recent economic crisis.

from EurekAlert! - Social and Behavioral Science http://ift.tt/2m0hFs6

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