Support for small businesses amid COVID-19

How should the government support small and medium-sized enterprises amid a pandemic crisis while balancing the trade-off between short-run stabilization and long-run allocative efficiency? We develop a two-sector equilibrium model featuring small businesses with private information on their likely...

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Bibliographic Details
Main Authors: Goodhart, CAE, Tsomocos, DP, Xuan, W
Format: Journal article
Language:English
Published: Wiley 2023