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initially assess the implementation of schemes under which coronavirus disease-2019 (COVID-19)-related state aid was granted in … Poland in 2020 for different instruments and beneficiary sizes. The idea was to find out how well aforementioned schemes …
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, Education, and Other Services are among the most affected sectors. The jobs at risk due to COVID-19 related SME business … in the common equity Tier-1 capital ratio. We evaluate the cost and effectiveness of various policy interventions. The … of effectiveness, non-targeted subsidies can be substantially more expensive (1.82% of GDP). Our results have important …
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; education; and other services are among the sectors most affected. The SME jobs at risk due to business failures related to … decline in the common equity tier 1 capital ratio. We also evaluate the cost and effectiveness of various policy interventions … product). However, at a similar level of effectiveness, nontargeted subsidies can be substantially more expensive (1 …
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We estimate the impact of COVID-19 on business failures for small and medium sized enterprises (SMEs) using firm-level data in seventeen countries. Absent government support, the failure rate of SMEs would have increased by 9.1 percentage points, representing 4.6 percent of private sector...
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We study the consequences of the COVID-19 pandemic on productivity by matching firm performance outcomes with corresponding firm-level information on government support. Our cross-country evidence for five EU countries shows that the pandemic led to a significant short-term decline in...
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