Demmou, Lilas; Franco, Guido; Calligaris, Sara; … - 2020
crisis. In particular, it evaluates the extent to which firms may run into a liquidity crisis following the COVID-19 outbreak … face liquidity shortfalls after 10 months since the implementation of confinement measures. Comparing the impact of … relieve wage bills is the most effective tool to reduce liquidity shortages, followed by debt moratorium policies. Finally …