Fig. 17From: Firm bankruptcies and start-up activity in Switzerland during the COVID-19 crisisBankruptcy rate comparison excluding construction and crafts. Notes: The figure shows the monthly bankruptcy rate in the Swiss economy excluding firms in Construction and Crafts before and after the start of the Great Recession, the Swiss Franc Shock and the COVID-19 crisis. Month 0 is the last month before the crisis start. The dotted lines are the average bankruptcy rates over the 22Â months before or after the respective crisis startBack to article page