Boarding a Sinking Ship? An Investigation of Job Applications to Distressed Firms
---- Acknowledgements -----
We are grateful to the research and data management teams at the company that provided the data for this research. For helpful comments, we also thank Emek Basker, Bo Becker, Effi Benmelech, Meghan Busse, Craig Furfine, Craig Garthwaite, Todd Gormley, Danielle Li, Brian Melzer, Dylan Minor, Hernan Ortiz-Molina, Josh Rauh, Antoinette Schoar, Aaron Sojourner, and Amir Sufi, as well as seminar participants at Michigan State University, University of British Columbia, University of Georgia, University of North Carolina, University of Southern California, the AFA annual meeting, the European Winter Finance Conference, and the LMU Munich Workshop on Natural Experiments and Controlled Field Studies. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.