Effects of mass layoffs on local employment—evidence from geo-referenced data
利用德国企业行政数据和地理距离信息，研究发现大规模裁员对当地就业的净影响因本地溢出效应而减弱，约四分之一的直接就业损失在一年内被同一城市吸收，且溢出效应集中在裁员地点周围1000米内。
Abstract Using an event study approach and a novel data set that links administrative information on German establishments with exact distance measures from geo-referenced address data, we analyze the net impact of mass layoffs on local employment. We find that local spillovers significantly attenuate the direct impact of mass layoffs on municipal-level employment. About a quarter of the 1-year direct employment loss due to a mass layoff event is absorbed within the same municipality. Local spillovers are especially pronounced very close to the mass layoff site; the majority of the absorption is concentrated within a 1000-m radius. There is little evidence of spillovers beyond the affected municipality.