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Working paper

Support for small businesses amid COVID-19

Abstract:

A sizeable proportion of enterprises, especially SMEs, in receipt of financial assistance from the government, will fail to repay. In this paper we asked whether, and to what extent, it may be beneficial to apply a screening mechanism to deter those mostly likely to fail to repay from seeking such financial assistance in the first place. The answer largely turns on the relative weights attached for the objectives of stabilisation as compared with allocative efficiency. For this purpose, we de...

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Publication status:
Published

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Publication website:
https://papers.tinbergen.nl/20044.pdf

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Institution:
London School of Economics and CEPR
Role:
Author
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Institution:
University of Oxford
Division:
SSD
Sub department:
Saïd Business School
Role:
Author
ORCID:
0000-0001-8744-0217
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Institution:
VU Amsterdam and Tinbergen Institute
Role:
Author
Publisher:
Tinbergen Institute
Series:
Tinbergen Institute Discussion Paper
Paper number:
TI 2020-044/IV
Language:
English
Keywords:
Pubs id:
1120447
Local pid:
pubs:1120447
Deposit date:
2020-07-20

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