With the outbreak of COVID-19, governments worldwide have provided direct subsidies to enterprises. This paper aims to identify the motivation behind these subsidies and evaluate …
The economic policy response to COVID-19 lockdowns included a variety of measures. Their effects on non-financial firms, however, remain unclear. To shed light on the effect of …
Spatial variations of the COVID-19 pandemic include localities of high infection and death rates and localities affected to a lesser extent by the impacts of the COVID-19 pandemic …
Results Our results imply that firms that obtained an approval of their application for November-December aid transfers face a 5 percentage point lower probability of being …