However, many anticipated problems with accessing the program, such as bureaucratic hassles and difficulties establishing eligibility. Using experimental variation, we also assess take-up rates and business resilience effects for loans relative to grants-based programs. 展开 ...
Bank Loans for Small Businesses in Times of COVID-19: Evidence from China Using representative loan-level data in China, this paper shows that bank loans for small businesses are more generous and flexible during the pandemic. In... Q Song,J Du,Y Wu - 《Emerging Markets Finance & Trade》...
摘要: We analyze loan contract terms, investigating whether relationship borrowers fare better or worse than others in times of need, using the COVID-19 crisis as a q关键词: Banks bank loans relationship lending loan contract terms financial crises COVID-19 Paycheck Protection Program (PPP) ...