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Policymakers have minimized the role of bankruptcy law in mitigating the financial fallout from COVID-19. Scholars too are unsure about the merits of bankruptcy, especially Chapter 11, in resolving business distress. We argue that Chapter 11 complements current stimulus policies for large...
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Die Datenlage zur Entwicklung der Verschuldungssituation infolge der Covid-19-Pandemie ist bislang lückenhaft. Die vorliegenden Datenpunkte und weitere Evidenz weisen jedoch trotz des schwerwiegenden Wirtschaftseinbruchs und der Folgen der Lockdowns auf Haushalte und konsumorientierte...
Persistent link: https://www.econbiz.de/10012694887
Die Datenlage zur Entwicklung der Verschuldungssituation infolge der Covid-19-Pandemie ist bislang lückenhaft. Die vorliegenden Datenpunkte und weitere Evidenz weisen jedoch trotz des schwerwiegenden Wirtschaftseinbruchs und der Folgen der Lockdowns auf Haushalte und konsumorientierte...
Persistent link: https://www.econbiz.de/10012666950
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The COVID-19 pandemic has affected firms in many economies. Exploiting treatment heterogeneity, we use a difference-in-differences design to causally identify the short-run impact of COVID-19 on innovation spending in 2020 and expected innovation spending in subsequent years. Based on a...
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, and Germany, during the coronavirus pandemic (from January 2020 to February 2022). The pandemic has had various adverse …
Persistent link: https://www.econbiz.de/10015063564
This paper examines the relationship between modern health pandemic crises and financial stability. Specifically, it collects data on 250,223 firms in 43 countries (or regions) during five modern pandemic crises, SARS (2003), H1N1 (2009), MERS (2012), Ebola (2014), and Zika (2016), and finds...
Persistent link: https://www.econbiz.de/10014258192