Dörr, Julian Oliver; Licht, Georg; Murmann, Simona - In: Small Business Economics 58 (2021) 2, pp. 887-917
COVID-19 placed a special role on fiscal policy in rescuing companies short of liquidity from insolvency. In the first months of the crisis, SMEs as the backbone of Germany's economy benefited from large and mainly indiscriminate aid measures. Avoiding business failures in a whatever-it-takes...