The paper analyses the role of loan guarantee programmes following the COVID-19 outbreak in alleviating firm distress as well as their broader impacts on productivity via reallocation, relying on a …

This evaluation aims to assess whether the objectives of the Covid-19 Loan Guarantee Schemes were satisfied. Key research questions are divided into process, impact, and economic questions.

Aug 14, 2025 · Guarantee removal values and volumes can and do fluctuate; guarantees can be retrospectively removed or added at any given time.

Nov 14, 2021 · Based on an analysis covering the 2007-2018 period, Panel B shows the impact of an increase of the guaranteed loans to GDP ratio on the correlation between productivity and …

Oct 15, 2021 · Because loans to firms that are guaranteed by government carry very low risk weights, guarantee programs essentially free up bank capital that can be deployed elsewhere—for example, …

Our estimates for the Russian economy show that participation in loan guarantee programs has helped firms in industries hardest hit by the COVID-19 crisis better retain sales and employment levels.

Therefore, the overall results suggest that public guaranteed loans cause positive credit availability and corporate real effects, but private banks’ incentives imply that riskier corporate loans are shifted to …

In response to the Covid-19 pandemic, governments have launched guarantee programmes to support bank lending to companies, especially small and medium-sized enterprises. This is essential to avoid …

In this paper, we analyze the potential merits of such government interventions in terms of the availability of corporate credit, as well as the potential social costs associated with the delegation of …

Mar 24, 2024 · To critically assess the quality of existing evidence regarding the impact of the cOViD-19 pandemic on various dimensions of individual lMOs, such as employment status, income levels and …