| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP16216 |
| DP16216 Information Frictions and Firm Take up of Government Support: A Randomised Controlled Experiment | |
| Cláudia Custódio; Diogo Mendes; Christopher Hansman | |
| 发表日期 | 2021-06-03 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | This paper studies whether informational frictions prevent firms from accessing government support measures using an encouragement based randomized controlled trial. We focus on two COVID-19 relief programs for firms in Portugal. These programs provide (i) wage support for workers who are kept on payroll and (ii) lines of credit backed by government guarantees. We randomly assign firms to a treatment providing either simplified information regarding the program or a combination of information and step-by-step application support. We find a significant treatment effect of simple information provision to firms on take up for the wage support program, but not for lines of credit. Our results constitute direct evidence that information frictions can act as a meaningful barrier to comprehensive distribution of firm-level support measures. |
| 主题 | Financial Economics ; Public Economics |
| 关键词 | Take-up of government programs Covid19 Smes Information |
| URL | https://cepr.org/publications/dp16216-0 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/545186 |
| 推荐引用方式 GB/T 7714 | Cláudia Custódio,Diogo Mendes,Christopher Hansman. DP16216 Information Frictions and Firm Take up of Government Support: A Randomised Controlled Experiment. 2021. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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