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Rescue policies for small businesses in the Covid-19 recession

Di Nola, Alessandro; Kaas, Leo; Wang, Haomin - 2022

While the COVID-19 pandemic had a large and asymmetric impact on firms, many countries quickly enacted massive business rescue programs which are specifically targeted to smaller firms. Little is known about the effects of such policies on business entry and exit, factor reallocation, and...

Persistent link: https://www.econbiz.de/10013166369

Effects of Covid-19 related government response stringency and support policies : evidence from European firms

Janzen, Benedikt; Radulescu, Doina - 2021

In this paper we employ survey information on more than 10,000 Southern and Eastern European firms and panel data methods to assess the effects of the COVID-19-related lockdown and government support policies on the business operations of enterprises. Our findings reveal considerable size- and...

Persistent link: https://www.econbiz.de/10012534537

The employment effects of a pandemic wage subsidy

Smart, Michael; Kronberg, Matthew; Lesica, Josip; … - 2023

We estimate the causal effects of a pandemic-era wage subsidy program in Canada on job losses and business closures … changes in the wage subsidy rate. The estimated net wage elasticity of employment was 0.11, implying a small aggregate … employment effect of the program and an estimated fiscal cost per job saved of nearly $200,000 per year. Subsidy payments caused …

Persistent link: https://www.econbiz.de/10013494038

On the optimal design of place-based policies : a structural evaluation of EU regional transfers

Blouri, Yashar; Ehrlich, Maximilian von - 2017

We quantify general equilibrium effects of place-based policies in a multi-region framework with mobility, trade and agglomeration economies. Using detailed data on EU transfers, we infer the local effects of different transfer types on productivity, income and transportation cost. Based on...

Persistent link: https://www.econbiz.de/10011752504

The effects of cash for clunkers on local air quality

Helm, Ines; Koch, Nikolas; Rohlf, Alexander - 2023

We study the effects of a large car scrappage scheme in Germany on new car purchases and local air quality by combining vehicle registration data with data on local air pollutant emissions. For identification we exploit cross-sectional variation across districts in the number of cars eligible...

Persistent link: https://www.econbiz.de/10014307150

The impact of COVID-19 on small business owners: the first three months after social-distancing restrictions

Fairlie, Robert W. - 2020

Social distancing restrictions and health- and economic-driven demand shifts from COVID-19 are expected to shutter many small businesses and entrepreneurial ventures, but there is very little early evidence on impacts. This paper provides the first analysis of impacts of the pandemic on the...

Persistent link: https://www.econbiz.de/10012291885

Non-cooperative and cooperative policy reforms under uncertainty and spillovers

Hefeker, Carsten; Neugart, Michael - 2017

effectiveness for the home country and their spillovers to other countries. We develop a model to show that under these …

Persistent link: https://www.econbiz.de/10011602603

When distrust goes viral : causal effects of Covid-19 on European political attitudes

Daniele, Gianmarco; Martinangeli, Andrea F.M.; … - 2020

To investigate how Covid-19 is shaping the way Europeans think about institutions, we conducted a large online survey experiment during the first wave of the epidemic (June). With a randomised survey ow we varied whether respondents are given Covid-related treatment questions first, before...

Persistent link: https://www.econbiz.de/10012404578

The trade impact of the Covid-19 pandemic

Liu, Xuepeng; Ornelas, Emanuel; Shi, Huimin - 2021

Using a gravity-like approach, we study how Covid-19 deaths and lockdown policies affected countries' imports from China during 2020. We find that a country's own Covid-19 deaths and lockdowns significantly reduced its imports from China, suggesting that the negative demand effects prevailed...

Persistent link: https://www.econbiz.de/10012533941

The effects of the Covid-19 pandemic on stock markets, CDS and economic activity : time-varying evidence from the US and Europe

Caporale, Guglielmo Maria; Catik, A. Nazif; Helmi, … - 2021

This paper examines the effects of the COVID-19 pandemic on stock returns, CDS and economic activity in the US and the five European countries (the UK, Germany, France, Italy, and Spain) which have been most affected. The sample period covers the dates from the first confirmed COVID-19 cases in...

Persistent link: https://www.econbiz.de/10012625628

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