| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w28418 |
| 来源ID | Working Paper 28418 |
| COVID-19 and SMEs: A 2021 \"Time Bomb\"? | |
| Pierre-Olivier Gourinchas; Ṣebnem Kalemli-Özcan; Veronika Penciakova; Nick Sander | |
| 发表日期 | 2021-02-01 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | 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. |
| 主题 | Microeconomics ; Households and Firms ; Macroeconomics ; Fiscal Policy ; Financial Economics ; Corporate Finance ; COVID-19 |
| URL | https://www.nber.org/papers/w28418 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/586090 |
| 推荐引用方式 GB/T 7714 | Pierre-Olivier Gourinchas,Ṣebnem Kalemli-Özcan,Veronika Penciakova,et al. COVID-19 and SMEs: A 2021 \"Time Bomb\"?. 2021. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w28418.pdf（192KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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