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Persistent link: https://www.econbiz.de/10009620965
We estimate the impact of the COVID-19 crisis on business failures among small and medium size enterprises (SMEs) in seventeen countries using a large representative firm-level database. We use a simple model of firm cost-minimization and measure each firm's liquidity shortfall during and after...
Persistent link: https://www.econbiz.de/10012391969
results from a panel of EU member countries and Japan suggest that the cyclicality of C-efficiency is explained by the …
Persistent link: https://www.econbiz.de/10011705063
, Europe and Japan allowing for fiscal multipliers to vary across recessions and booms. We also estimate ex ante probabilities …
Persistent link: https://www.econbiz.de/10014395687
diffusion including the role of distance. A continuous-time model is estimated on several European countries, Japan, and the …
Persistent link: https://www.econbiz.de/10014399872
United Kingdom, the euro area, and Japan during the recent crisis on interbank credit and liquidity risk premia …
Persistent link: https://www.econbiz.de/10014402377
the United States, the euro area, and Japan in the emergence and evolution of today''s global trade imbalances. Simulation … 1999, as well as account for some the surpluses in the euro area and Japan. Differences in TFP developments across sectors …
Persistent link: https://www.econbiz.de/10014403181