The impact of COVID‑19 on corporate fragility in the United Kingdom: Insights from a new calibrated firm‑level Corporate Sector Agent‑Based (CAB) Model

Organisation for Economic Co-operation and Development2026-04-11 收录

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Covid-19 and the associated restrictions on interaction have led to an unprecedented shock to activity and firms’ balance sheets. To assess the impact, this paper applies a new large-scale firm-level simulation model calibrated to the United Kingdom (UK). The paper specifically examines the Coronavirus Job Retention Scheme (CJRS) furlough program...