Identifying bankruptcies in German social security data

Abstract

"Many empirical studies about firm exits point out that it is important to distinguish between different types of closures, e.g., voluntary and involuntary liquidations. This report describes how exits due to bankruptcies can be identified in the German Establishment History Panel (BHP). In contrast to other closures, bankruptcies can be unambiguously regarded as indication for economic failure and can therefore be interpreted as involuntary exits." (Author's abstract, IAB-Doku) ((en))

Cite article

Fackler, D., Hank, E., Müller, S. & Stegmaier, J. (2017): Identifying bankruptcies in German social security data. (FDZ-Methodenreport 10/2017 (en)), Nürnberg, 11 p.