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Published in 2021 at "Journal of Financial and Quantitative Analysis"
DOI: 10.1017/s0022109021000478
Abstract: Abstract Using City of Oakland data during COVID-19, we document that small-business components of survival capabilities (i.e., revenue resiliency, labor flexibility, and committed costs) vary by firm size. Nonemployer businesses rely on low-cost structures to…
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Keywords:
business survival;
committed costs;
small business;
survival capabilities ... See more keywords