Narrow Search
Last searches

Results for *

Displaying results 1 to 2 of 2.

  1. SME financial distress and the macroeconomic recovery
    a microsimulation approach
    Published: January 24, 2022
    Publisher:  ESRI, Dublin

    This paper models the immediate impact of the COVID-19 pandemic on Irish SMEs and extrapolates forward their performance as restrictions ease. Our baseline scenario shows a steady recovery path for the median firm. However, indicators of financial... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 176
    No inter-library loan

     

    This paper models the immediate impact of the COVID-19 pandemic on Irish SMEs and extrapolates forward their performance as restrictions ease. Our baseline scenario shows a steady recovery path for the median firm. However, indicators of financial difficulties remain persistently high with the share of highly distressed firms reaching twenty-one per cent in 2024 in scenarios without firm exit. With exit of the most financially distressed firms, the patterns of financial characteristics return to 2019 levels by 2023. We also model the impact of the policy supports available to firms. In the absence of government supports, the distress rate would have been seventy-two per cent higher during the pandemic. We find that supports have a persistent impact even after they expire. In 2024, the distressed rate without the supports would be twenty per cent higher than in the baseline scenario with supports.

     

    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/265900
    Series: Working paper / ESRI ; no. 718 (January 2022)
    Subjects: Small and Medium-sized Enterprises; COVID-19; Policy Supports
    Scope: 1 Online-Ressource (circa 48 Seiten), Illustrationen
  2. New survey evidence on COVID-19 and Irish SMEs
    measuring the impact and policy response
    Published: [2021]
    Publisher:  [Central Bank of Ireland], Dublin, Ireland

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 548
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Research technical paper / Central Bank of Ireland ; vol. 2021, no. 3
    Subjects: Coronavirus; Wirkungsanalyse; KMU; Verlust; Mittelstandspolitik; Subvention; Irland; Small and Medium-sized Enterprises; COVID-19; Survey Evidence; Policy Supports
    Scope: 1 Online-Ressource (circa 37 Seiten), Illustrationen