LEADER 02244nam  22004213a 450 
001 9910634069503321
005 20230629235110.0
010   $a92-861-5210-8
024 8 $ahttps://doi.org/10.2867/24308
035   $a(CKB)5840000000049423
035   $a(ScCtBLL)b415ef8a-5206-423d-b436-6b1c92de56e7
035   $a(EXLCZ)995840000000049423
100   $a20220603i20222022  uu 
101 0 $aeng
135   $auru||||||||||
181   $ctxt$2rdacontent
182   $cc$2rdamedia
183   $acr$2rdacarrier
200 00$aEIB Working Paper 2022/01 : $eFirm-level policy support during the crisis /$fEuropean Investment Bank, Pe?ter Harasztosi, Laurent Maurin, Roza?lia Pa?l, Debora Revoltella, Wouter van der Wiel
210  1$a[s.l.] :$cEuropean Investment Bank,$d2022.
215   $a1 online resource (32 p.)
330   $aDuring the COVID-19 crisis, the European corporate ecosystem avoided major disruptions, and corporate bankruptcy rates even declined. This outcome mostly resulted from the strength of support from monetary, financial supervisory and fiscal policies.    Using the 2021 vintage of the EIB Investment Survey (EIBIS) matched with balance sheet data on firms' profits and losses, this paper investigates what has driven the allocation of fiscal policy support and the impact of this support during the investment recovery. It finds that support was largely directed towards firms that were most affected by the crisis in terms of lost sales, and was not tilted firms already weak before the crisis. It also shows that the firms that benefitted from this support tend to be more optimistic in their investment plans, especially with regard to digital technologies.
606   $aBusiness & Economics / Corporate Finance$2bisacsh
606   $aEconomics
615  7$aBusiness & Economics / Corporate Finance
615  0$aEconomics
700   $aHarasztosi$b Pe?ter$01070975
702   $aMaurin$b Laurent
702   $aPa?l$b Roza?lia
702   $aRevoltella$b Debora
702   $avan der Wiel$b Wouter
712 02$aEuropean Investment Bank
801  0$bScCtBLL
801  1$bScCtBLL
906   $aBOOK
912   $a9910634069503321
996   $aEIB Working Paper 2022$92994340
997   $aUNINA