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Bloom, Nicholas; Fletcher, Robert S.; Yeh, Ethan - National Bureau of Economic Research - 2021

We use survey data on an opt-in panel of around 2,500 US small businesses to assess the impact of COVID-19. We find a …

Persistent link: https://www.econbiz.de/10012482532

Dutz, Deniz; Huitfeldt, Ingrid; Lacouture, Santiago; … - National Bureau of Economic Research - 2021

We evaluate how nonresponse affects conclusions drawn from survey data and consider how researchers can reliably test … and correct for nonresponse bias. To do so, we examine a survey on labor market conditions during the COVID-19 pandemic … that used randomly assigned financial incentives to encourage participation. We link the survey data to administrative data …

Persistent link: https://www.econbiz.de/10012794577

The Effects of COVID-19 on U.S. Small Businesses : Evidence from Owners, Managers, and Employees

Alekseev, Georgij - 2020

We analyze a large-scale survey of owners, managers, and employees of small businesses in the United States to … understand the effects of the early stages of the COVID-19 pandemic on those businesses. The survey was fielded in late April … businesses that had stopped operating due to the pandemic. The survey asks 136 questions covering topics such as changes in …

Persistent link: https://www.econbiz.de/10012481136

COVID-19 and SME Failures

Gourinchas, Pierre-Olivier - 2020

We estimate the impact of the COVID-19 crisis on business failures among small and medium size enterprises (SMEs) in seventeen countries using a large representative firm-level database. We use a simple model of firm cost-minimization and measure each firm's liquidity shortfall during and after...

Persistent link: https://www.econbiz.de/10012481180

The Impact of COVID-19 on Small Business Owners : The First Three Months after Social-Distancing Restrictions

Fairlie, Robert W. - 2020

Social distancing restrictions and health- and economic-driven demand shifts from COVID-19 are expected to shutter many small businesses and entrepreneurial ventures, but there is very little early evidence on impacts. This paper provides the first analysis of impacts of the pandemic on the...

Persistent link: https://www.econbiz.de/10012481317

The Targeting and Impact of Paycheck Protection Program Loans to Small Businesses

Bartik, Alexander W. - 2020

The Paycheck Protection Program (PPP) aimed to quickly deliver hundreds of billions of dollars of loans to small businesses, with the loans administered via private banks. In this paper, we use firm-level data to document the demand and supply of PPP funds. Using an instrumental variables...

Persistent link: https://www.econbiz.de/10012481476

Small Business Survival Capabilities and Policy Effectiveness : Evidence from Oakland

Bartlett, Robert P, III. - 2020

Using unique City of Oakland data during COVID-19, we document that small business survival capabilities vary by firm size as a function of revenue resiliency, labor flexibility, and committed costs. Nonemployer businesses rely on low cost structures to survive 73% declines in own-store foot...

Persistent link: https://www.econbiz.de/10012481482

The Impact of Covid-19 on Small Business Owners : Evidence of Early-Stage Losses from the April 2020 Current Population Survey

Fairlie, Robert W. - 2020

Social distancing restrictions and demand shifts from COVID-19 are expected to shutter many small businesses, but there is very little early evidence on impacts. This paper provides the first analysis of impacts of the pandemic on the number of active small businesses in the United States using...

Persistent link: https://www.econbiz.de/10012481503

Did the Paycheck Protection Program Hit the Target?

Granja, João - 2020

This paper provides a comprehensive assessment of financial intermediation and the economic effects of the Paycheck Protection Program (PPP), a large and novel small business support program that was part of the initial policy response to the COVID-19 pandemic in the US. We use loan-level...

Persistent link: https://www.econbiz.de/10012481679

How Are Small Businesses Adjusting to COVID-19? Early Evidence from a Survey

Bartik, Alexander W. - 2020

-19 is affecting small businesses - and on the likely impact of the recent stimulus bill, we conducted a survey of more …

Persistent link: https://www.econbiz.de/10012481945