Autor, David H.; Cho, David; Crane, Leland D.; Goldar, Mita - National Bureau of Economic Research - 2022
lost jobs; the balance flowed to business owners and shareholders, including creditors and suppliers of PPP-receiving firms …. The more targeted pandemic business aid programs deployed by other high-income countries exemplify what is feasible with … employment subsidies or business liquidity when the next pandemic or other large-scale economic emergency occurs, as it surely …