Article
Corporate Liquidity and Solvency in Europe During COVID-19: The Role of Policies
2021-05-26
Abstract excerpt
The spread of COVID-19, containment measures, and general uncertainty led to a sharp reduction in activity in the first half of 2020. Europe was hit particularly hard—the economic contraction in 2020 is estimated to have been among the largest in the world—with potentially severe repercussions on its nonfinancial corporations. A wave of corporate bankruptcies would generate mass unemployment, and a loss of product...
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Identifiers and source
- Literature Corpus work
- 018a6340-bd18-5053-90fb-dff70e2dcedb
- DOI
- 10.2139/ssrn.3852785