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We estimate the impact of the COVID-19 crisis on business failures among small and medium size enterprises (SMEs) in …
Persistent link: https://www.econbiz.de/10012481180
enacted during the 2020 COVID-19 crisis. Policies implemented in 2020, on their own, do not create a 2021 "time-bomb" for SMEs …
Persistent link: https://www.econbiz.de/10012482634
experience of Greece, the most extreme manifestation of the puzzling behavior of spreads during Covid. We develop a small open … boom-bust cycle of Greece before Covid and salient observations on macro aggregates, government debt, and the sovereign …
Persistent link: https://www.econbiz.de/10014468244
The role of data analysis in communication, persuasion, and decision-making is discussed. Some problems with current … data-analysis practice are presented, including communication, complex models, large data bases, one-pass processing, rigid …
Persistent link: https://www.econbiz.de/10012479059
be largely stable through time, but capable of occasional dramatic change in response to a severe crisis. Legal origin …
Persistent link: https://www.econbiz.de/10012463607
National safety nets are imbedded in country-specific regulatory cultures that encompass contradictory goals of nationalistic welfare maximization, merciful treatment of distressed institutions, and bureaucratic blame avoidance. Focusing on this goal conflict, this paper develops two hypotheses....
Persistent link: https://www.econbiz.de/10012465053
In fighting a financial crisis, opacity (keeping the names of banks borrowing at emergency lending facilities secret …
Persistent link: https://www.econbiz.de/10012455893
In the wake of the COVID-19 pandemic, the financial and legal system will need to deal with a surge of financial distress in the business sector. Some firms will be able to survive, while others will face bankruptcy and thus need to be liquidated or reorganized. Many surviving firms will need to...
Persistent link: https://www.econbiz.de/10012482323
. While a common view is that people should blame the government rather than the political system for bad crisis management …
Persistent link: https://www.econbiz.de/10012696423
of GDP by 2016. Informed by a detailed analysis of macroeconomic patterns in Greece, we estimate a rich dynamic general …
Persistent link: https://www.econbiz.de/10012479849