Data and Code for: COVID-19 and Small- and Medium-Sized Enterprises: A 2021 “Time Bomb”?
收藏ICPSR2021-01-01 更新2026-04-16 收录
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资源简介：
This paper assesses the prospects of a 2021 time bomb in SME failures triggered by the generous support policies enacted during the 2020 COVID-19 crisis. Policies implemented in 2020, on their own, do not create a 2021 "time-bomb" for SMEs. Rather, business failures and policy costs remain modest. By contrast, credit contraction poses significant risk. Such a contraction would disproportionately impact firms that could survive COVID-19 in 2020 without any fiscal support. Even in that scenario, most business failures would not arise from excessively generous 2020 policies, but rather from the contraction of credit to the corporate sector.<br>
提供机构：
University of California-Berkeley; Federal Reserve Bank of Atlanta; University of Maryland; Bank of Canada
创建时间：
2021-01-01
