The COVID horror picture show: why we have little to fear from ‘zombie firms'. 14/01/2021
Voss, Dustin ; Van Overbeke, Toon ; Hancké, Bob
London School of Economics and Political Science
LSE - London
2021
epidemic disease ; business economics ; bankruptcy ; credit ; state intervention
Business economics
English
"Recently, economists have voiced fears that the costly COVID-19 business support programmes rolled out by European governments could create ‘zombie firms' – failing companies kept artificially alive by the continued extension of credit. Examining emergency credit provision in Germany, Dustin Voss, Toon Van Overbeke and Bob Hancké (LSE) argue that such concerns are largely unwarranted."
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