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COVID-19 and SME Failures
Gourinchas, Pierre-Olivier - 2020
We estimate the impact of the COVID-19 crisis on business failures among small and medium size enterprises (SMEs) in seventeen countries using a large representative firm-level database. We use a simple model of firm cost-minimization and measure each firm's liquidity shortfall during and after...
Persistent link: https://www.econbiz.de/10012481180
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Investors' perception of business group membership during an economic crisis : evidence from the COVID-19 pandemic
Ducret, Romain - 2021 - This version: September 7, 2021
This paper examines how investors perceive business group membership in Korea during the COVID-19 pandemic. Stock price …
Persistent link: https://www.econbiz.de/10012705105
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Can stimulus checks boost an economy under COVID-19? : evidence from South Korea
Kim, Moon Jung; Lee, Soohyung - 2020
Various countries have implemented transfer programs to individuals since the Covid-19 outbreaks. However, the extent to which such transfers alleviate economic recessions is unclear. This paper analyzes a South Korean program, which provided vouchers redeemable only at small local businesses....
Persistent link: https://www.econbiz.de/10012259485
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COVID-19 and employment in South Korea: trends and comparison with the 2008 Financial Crisis
Nam, Minhyuk; Lee, Soohyung - 2021
We examine the impact of COVID-19 on employment in South Korea as of June 2020. To estimate the causal effect, we use …
Persistent link: https://www.econbiz.de/10012431574
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COVID-19 and SME failures
Gourinchas, Pierre-Olivier; Kalemli-Ozcan, Sebnem; … - 2020
Persistent link: https://www.econbiz.de/10012305694
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COVID-19 and SME Failures
Gourinchas, Pierre-Olivier; Kalemli-Ozcan, Sebnem; … - 2021
We estimate the impact of the COVID-19 crisis on business failures among small and medium-size enterprises (SMEs) in seventeen countries using a large representative firm-level database. We use a simple model of firm cost minimization and measure each firm’s liquidity shortfall during and...
Persistent link: https://www.econbiz.de/10013232582
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Covid-19 and SME Failures
Gourinchas, Pierre-Olivier; Kalemli-Ozcan, Sebnem; … - 2021
We estimate the impact of COVID-19 on business failures for small and medium sized enterprises (SMEs) using firm-level data in seventeen countries. Absent government support, the failure rate of SMEs would have increased by 9.1 percentage points, representing 4.6 percent of private sector...
Persistent link: https://www.econbiz.de/10013244116
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South Korea's Social Policy Response to Covid-19: Swift and Bipartisan Attempts
Shim, Jaemin - 2021
The paper maps out South Korea’s key social policy responses to the Covid-19 pandemic based on an analysis of … political consensus vis-à-vis comparable years in the past, it is clear that South Korea’s social policy response to Covid-19 … opportunity” for welfare expansion, the current pandemic has the potential to lead to a consolidation of South Korea’s welfare …
Persistent link: https://www.econbiz.de/10013286863
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How Manufacturing Saved the Korean Economy during the COVID-19 Crisis
Hwang, Kyung In - 2023
Korea’s manufacturing sector, the third most competitive in the world, has helped it weather the COVID-19 pandemic … economy contracted by just one percent thanks to its manufacturing sector.Korea’s success in stabilizing its economy faster …
Persistent link: https://www.econbiz.de/10014263066
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Tackling labour market injustice and organising workers : the view from a northern heartland
Thomas, Peter; Etherington, David; Jeffery, Bob; … - 2021
Persistent link: https://www.econbiz.de/10013445503