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Mehr Firmenpleiten im Juli – Hohe Insolvenzzahlen für Herbst erwartetSteffen MüllerHandelsblatt, 7. August 2025
We offer new evidence on the real effects of credit shocks in the presence of employment protection regulations by exploiting a unique provision in Spanish labor laws: dismissal rules are less stringent for Spanish firms with fewer than 50 employees, lowering the cost of hiring new workers.
