SME
How to Avoid a Mass of Business Bankruptcies: Two Policy Proposals
Existing fiscal and monetary policies are powerless to restore firms’ revenues during this health emergency. Many firms will soon begin having trouble meeting their...
A New Capitalisn’t Episode: How to Exit the Covid-19 Quarantine – a Reading List
For the good of public health, it's important that we continue staying in quarantine, at least for another month or two. But eventually, we...
Stick, Carrot, and Evergreen Loans: A Policy Proposal to Save Small and Medium-Sized Firms
Restaurant owners, retailers, and the like employ more than 50 percent of the US workforce, yet neither have cash buffers nor access to Federal Reserve support. In...
