Fig. 2
From: Industry shutdown rates and permanent layoffs: evidence from firm-worker matched data
Probability of permanent layoff and the effect of selection. Note: The figure provides the marginal effects of industry shutdown rates on the probability of a permanent layoff for a worker across various size classes of firms. Selection corresponds to estimates from Tables 7 and 8 for men and women, respectively. For comparison, no selection are estimates when not accounting for selection effects of continuing or shutdown of a firm