Norwegian and US Policies Alleviate Business Vulnerability Due to the Covid-19 Shock Equally Well
dc.contributor.author | Alstadsæter, Annette | |
dc.contributor.author | Bjørkheim, Julie Brun | |
dc.contributor.author | Kopczuk, Wojciech | |
dc.contributor.author | Økland, Andreas | |
dc.date.accessioned | 2021-11-11T08:39:56Z | |
dc.date.available | 2021-11-11T08:39:56Z | |
dc.date.created | 2020-09-03T13:33:26Z | |
dc.date.issued | 2020 | |
dc.identifier.issn | 0028-0283 | |
dc.identifier.uri | https://hdl.handle.net/11250/2829006 | |
dc.description.abstract | 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. | |
dc.language.iso | eng | |
dc.title | Norwegian and US Policies Alleviate Business Vulnerability Due to the Covid-19 Shock Equally Well | |
dc.type | Peer reviewed | |
dc.type | Journal article | |
dc.description.version | acceptedVersion | |
dc.source.journal | National tax journal | |
dc.identifier.doi | 10.17310/ntj.2020.3.08 | |
dc.identifier.cristin | 1827078 | |
cristin.ispublished | true | |
cristin.fulltext | postprint | |
cristin.qualitycode | 1 |