Cerda, Maikol; Cervantes, David; Gertler, Paul J.; … - 2023
The COVID-19 pandemic generated a large negative external shock to the global economy. Businesses worldwide were …' profitability and survival rates. In this paper, we study the economic performance of Latin American MSMEs during the pandemic using … transactions, we find that MSMEs managed to recover revenues to pre-pandemic levels in early 2021 thanks to an increased share of …