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The COVID-19 pandemic severely affected not only incumbent firms, but also the emergence of start-ups. This paper investigates and analyzes the pandemic's effect on new business formation, as well as business exits and insolvencies, in Germany. We find that the overall level of business...
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-in-differences design to causally identify the short-run impact of COVID-19 on innovation spending in 2020 and expected innovation spending … substantially reduced innovation expenditure not only in the first year of the pandemic (2020) but also in the two subsequent years …, indicating ’Long–Covid’ effects on innovation. In 2020, innovation expenditure fell by 4.7 % due to the pandemic. In 2022 …
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In response to strong revenue and income losses that a large share of the self-employed faced during the COVID-19 pandemic, the German federal government introduced a €50bn emergency aid program. Based on real-time online-survey data comprising more than 20,000 observations, we analyze the...
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Many countries consider the lifting of restrictions of social contacts (RSC). We quantify the effects of RSC for Germany. We initially employ a purely statistical approach to predicting prevalence of COVID19 if RSC were upheld after April 20. We employ these findings and feed them into our...
Persistent link: https://www.econbiz.de/10012202358
Measures to contain the Corona virus (COVID-19) may pay off in terms of slowing down proliferation. The proliferation trend in France and Germany now exceeds the one in Italy, South Korea and Japan. At the same time, the containment measures seem more intense in Italy, South Korea and Japan than...
Persistent link: https://www.econbiz.de/10012173099
Measures to contain the Corona virus (COVID-19) may pay off in terms of slowing down proliferation. The proliferation trend in France and Germany now exceeds the one in Italy, South Korea and Japan. At the same time, the containment measures seem more intense in Italy, South Korea and Japan than...
Persistent link: https://www.econbiz.de/10012173287