Norwegian and U.S. policies alleviate business vulnerability due to the COVID-19 shock equally well /Annette Alstadsaeter, Julie Brun Bjorkheim, Wojciech Kopczuk, and Andreas Okland .-- , 2020
Resumen.
Bibliografía.
We use Norwegian administrative data and applications for emergency government support to simulate the magnitude and distribution of business revenue shock due to the COVID-19 pandemic. We rely on it to analyze the impact of business support policies available in Norway and the United States by comparing simulated results from the various policies on a common data set. We find that policies supporting payroll and fixed costs that were available in both countries have a similar impact of reducing firms economic distress, by cutting the negative effect of the crisis on profitability, liquidity, and solvency by more than a half.
PANDEMIAS
CORONAVIRUS
POLITICA ECONOMICA
CRISIS ECONOMICAS
NEGOCIOS MERCANTILES
AYUDA ESTATAL
ESTADOS UNIDOS
NORUEGA
Alstadsaeter, Annette
National Tax Journal 0028-0283v. 73, n. 3, September 2020, p. 805-828