Abstract:
We investigate the role of information spillovers (IS) in determining firms' labor adjustments. We test the proposition that information on relevant state variables spills over through one firm's decision th those of other firms, assuming that spillovers matter only among frims that are both similar and geographically close.
More papers in Working Papers from Banca Italia - Servizio di Studi Address: Banca d'Italia-Servizio Studi-Divisione Biblioteca e Pubblicazioni - Via N azionale, 91 -00184 Rome, Italy. Contact information at EDIRC. Series data maintained by Thomas Krichel ().
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