Foreword / François-Charles Laprévote, Cleary Gottlieb Steen and Hamilton -- The special nature of banks and its challenges for competition policy / Ioannis Kokkoris -- Competition, stability and moral hazard: the tension between financial regulation and State aid control / Joanna Gray and...

While the COVID-19 pandemic had a large and asymmetric impact on firms, many countries quickly enacted massive business rescue programs which are specifically targeted to smaller firms. Little is known about the effects of such policies on business entry and exit, factor reallocation, and...

While the COVID-19 pandemic had a large and asymmetric impact on firms, many countries quickly enacted massive business rescue programs which are specifically targeted to smaller firms. Little is known about the effects of such policies on business entry and exit, factor reallocation, and...