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Information frictions and access to the Paycheck Protection Program()

The Paycheck Protection Program (PPP) extended 669 billion dollars of forgivable loans in an unprecedented effort to support small businesses affected by the COVID-19 crisis. This paper provides evidence that information frictions and the “first-come, first-served” design of the PPP program skewed i...

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Detalles Bibliográficos
Autores principales: Humphries, John Eric, Neilson, Christopher A., Ulyssea, Gabriel
Formato: Online Artículo Texto
Lenguaje:English
Publicado: The Authors. Published by Elsevier B.V. 2020
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7441872/
https://www.ncbi.nlm.nih.gov/pubmed/32863461
http://dx.doi.org/10.1016/j.jpubeco.2020.104244