Bennedsen, Morten; Larsen, Birthe; Schmutte, Ian; Scur, … - 2020
We analyze the impact of the COVID-19 pandemic and government policies on firms' aid takeup, layoff and furlough decisions. We collect new survey data for 10,642 small, medium and large Danish firms, and match to government records of all aid-supported furloughed workers during the pandemic as...