Indirect Costs of Government Aid and Intermediary Supply Effects: Lessons From the Paycheck Protection Program
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https://www.nber.org/papers/w28114
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资源简介:
The $669 billion Paycheck Protection Program (PPP) provides highly subsidized financing to small businesses. The PPP is a positive shock in financing supply to the small, highly constrained publicly listed firms in our sample and has average positive treatment effects. Yet, uptake is not universal.
提供机构:
美国国家经济研究局
创建时间:
2020-11-01



