liquidity
How Were the PPP’s $660 Billion for Small and Medium Firms Allocated?
A new study suggests that the Payroll Protection Program's funds were primarily allocated based on 2019’s estimated payroll, which is how the program was...
Stick, Carrot, and Evergreen Loans: A Policy Proposal to Save Small and Medium-Sized Firms
Restaurant owners, retailers, and the like employ more than 50 percent of the US workforce, yet neither have cash buffers nor access to Federal Reserve support. In...
What the European Union Can Do to Overcome Liquidity Shortages for Firms
European institutions can mitigate the negative impact of the coronavirus crisis: the European Investment Bank (EIB) can borrow from the European Central Bank (ECB) and...
