Showing 1 - 10 of 21
The pandemic crisis, which broke out in early 2020, is still affecting human lives and economic activity around the globe, causing unprecedented transformations which were not foreseen just before its onset. The European Union, its citizens and the financial and non-financial firms active...
Persistent link: https://www.econbiz.de/10013219020
We forecast the drop in profits and the equity shortfall triggered by the COVID-19 lockdown, using a representative sample of 80,972 Italian firms. A 3-month lockdown entails an aggregate yearly drop in profits of about 10% of GDP and results in financial distress for 17% of the sample firms,...
Persistent link: https://www.econbiz.de/10013245220
We forecast the drop in profits and the equity shortfall triggered by the COVID-19 lockdown, using a representative sample of 80,972 Italian firms. A 3-month lockdown entails an aggregate yearly drop in profits of about 10% of GDP and results in financial distress for 17% of the sample firms,...
Persistent link: https://www.econbiz.de/10012832699
Section I: The Broad Picture1 Is the European Union going to help us overcome the COVID-19 crisis (Danny Busch)2 COVID-19 and European banks: no time for lawyers (Wolf-Georg Ringe)3 The COVID-19 crisis and financial regulation (Eddy Wymeersch)4 Culutral reforms in Irish banks. Walking the walk...
Persistent link: https://www.econbiz.de/10012833305
We investigate whether government credit guarantee schemes, extensively used at the onset of the Covid-19 pandemic, led to substitution of non-guaranteed with guaranteed credit rather than fully adding to the supply of lending. We study this issue using a unique euro-area credit register data,...
Persistent link: https://www.econbiz.de/10012698226
Persistent link: https://www.econbiz.de/10012704237
Persistent link: https://www.econbiz.de/10012319422
Persistent link: https://www.econbiz.de/10012263039
Persistent link: https://www.econbiz.de/10012384190
Persistent link: https://www.econbiz.de/10012386848