Author: Robert Jay DilgerPublisher:
ISBN:
Category : COVID-19 (Disease)
Languages : en
Pages : 40
Book Description
COVID-19 Relief Assistance to Small Businesses
Author: Robert Jay DilgerPublisher:
ISBN:
Category : COVID-19 (Disease)
Languages : en
Pages : 40
Book Description
The Small Business Advocate
Author: Small Businesses and COVID-19
Author: Maria Kreiser (Librarian)Publisher:
ISBN:
Category : COVID-19 (Disease)
Languages : en
Pages : 4
Book Description
Unemployment Insurance Statistics
Author: Economic Injury Disaster Loans for Small Businesses
Author: The State Small Business Credit Initiative (SSBCI)
Author: Marcus PowellPublisher: Nova Science Publishers
ISBN: 9781624174827
Category : Federal aid to small business
Languages : en
Pages : 0
Book Description
The SSBCI provides funding to states, territories, and eligible municipalities to expand existing or to create new state small business investment programs, including state capital access programs, collateral support programs, loan participation programs, loan guarantee programs, and venture capital programs. This book examines the SSBCI and its implementation, including Treasury's response to initial program audits conducted by the U.S. Government Accountability Office and Treasury's Office of Inspector General. These audits suggested that SSBCI participants were generally complying with the statute's requirements, but that some compliance problems existed, in that, the Treasury's oversight of the program could be improved; and performance measures were needed to assess the program's efficacy.
Resources for Small Business Assistance in Response to COVID-19
Author: Luisa AltmannPublisher:
ISBN:
Category : COVID-19 (Disease)
Languages : en
Pages : 3
Book Description
This memorandum provides an overview of federal, state, and local programs to assist small business owners and employees in Colorado during the economic instability caused by the coronavirus (COVID-19). In order to qualify for assistance programs as a small business, a business must meet certain size standards that vary according to the program. The size standards may include a maximum number of employees and maximum average annual business receipts or revenue.
Support for Small Businesses Amid COVID-19
Author: Charles Albert Eric GoodhartPublisher:
ISBN:
Category : Adverse selection (Insurance)
Languages : en
Pages : 48
Book Description
A sizeable proportion of enterprises, especially SMEs, in receipt of financial assistance from the government, will fail to repay. In this paper we asked whether, and to what extent, it may be beneficial to apply a screening mechanism to deter those mostly likely to fail to repay from seeking such financial assistance in the first place. The answer largely turns on the relative weights attached for the objectives of stabilisation as compared with allocative efficiency. For this purpose, we develop a two-sector infinite horizon model featuring oligopolistic small businesses and a screening contract in the presence of a pandemic shock with asymmetric information. The adversely affected sector with private information can apply for government loans to reopen businesses once the pandemic has passed. First, we show that a pro-allocation government sets a harsh default sanction to deter entrepreneurs with bad projects from reentering and improves aggregate productivity in the long run, but the economy suffers persistent unemployment in the near term. However, a pro-stabilisation government sets a lenient default sanction or provides full guarantees to reach full employment in the short term, but the economy will be shifted to a lower equilibrium in the long run. The optimal default sanction balances the trade-off between allocation and stabilisation. Then, we derive an analytic measure of "Stabilisation Proclivity" and characterise the parameter space and the macro-financial frictions that render the government either more pro-allocation or more pro-stabilisation. Finally, we solve for the optimal default sanction numerically and conducts comparative statics for various policy analyses.
COVID-19
Author: SBA Disaster Loans
Author: United States. Small Business Administration. Office of Finance and InvestmentPublisher:
ISBN:
Category : Disaster relief
Languages : en
Pages : 444
Book Description