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We estimate the impact of the COVID-19 crisis on business failures among small and medium-size enterprises (SMEs) in seventeen countries using a large representative firm-level database. We use a simple model of firm cost minimization and measure each firm’s liquidity shortfall during and...
Persistent link: https://www.econbiz.de/10013232582
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...
Persistent link: https://www.econbiz.de/10013244116
We estimate the impact of the COVID-19 crisis on business failures among small and medium size enterprises (SMEs) in seventeen countries using a large representative firm-level database. We use a simple model of firm cost-minimization and measure each firm's liquidity shortfall during and after...
Persistent link: https://www.econbiz.de/10012481180
Persistent link: https://www.econbiz.de/10012305694
Persistent link: https://www.econbiz.de/10012173338
tax rates would be necessary to pay for such a scheme. The models are applied to both Italy and the United Kingdom. The … unrealistically high tax rates, especially for Italy. The impact on poverty and inequality of the HNIT scheme is markedly higher for … Italy in both scenarios suggesting that the United Kingdom has currently a social protection system in place that …
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Achieving France's medium-term fiscal targets will require significant expenditure efforts. This paper identifies areas …
Persistent link: https://www.econbiz.de/10011436803