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dc.titleResearch Insights: Did Government-Guaranteed Loans Help MSMEs Mitigate the COVID-19 Pandemic Shock?
dc.contributor.authorParrado, Eric
dc.contributor.authorCerda, Maikol
dc.contributor.authorGertler, Paul
dc.contributor.authorHiggins, Sean
dc.contributor.authorMontoya, Ana María
dc.contributor.orgunitDepartment of Research and Chief Economist
dc.coverageChile
dc.coverageColombia
dc.date.available2023-11-22T00:11:00
dc.date.issue2023-11-22T00:11:00
dc.description.abstractUsing Chile and Colombia as case studies, we conducted two randomized controlled trials to test how government-guaranteed loans during the COVID-19 pandemic impacted firms liquidity and earnings. COVID-19 loans improved total liquidity of treated micro, small and medium-sized enterprises (MSMEs) by 15.7%. The increase in short-term liquidity may have had a positive impact on MSMEs economic performance during the pandemics economic deterioration.
dc.format.extent4
dc.identifier.doihttp://dx.doi.org/10.18235/0005289
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Research-Insights-Did-Government-Guaranteed-Loans-Help-MSMEs-Mitigate-the-COVID-19-Pandemic-Shock.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/spanish/document/Perspectivas-de-investigacion-ayudaron-a-las-MPyMEs-los-prestamos-con-garantia-publica-para-mitigar-el-shock-de-la-pandemia-del-COVID-19.pdf
dc.language.isoen
dc.publisherInter-American Development Bank
dc.subjectLiquidity
dc.subjectCoronavirus
dc.subjectBank Loan
dc.subjectPandemics
dc.subjectEconomy
dc.subjectSmall Business
dc.subjectCredit Access
dc.subjectRandomized Controlled Trial
dc.subject.jelcodeJ16 - Economics of Gender • Non-labor Discrimination
dc.subject.jelcodeL26 - Entrepreneurship
dc.subject.jelcodeP52 - Comparative Studies of Particular Economies
dc.subject.keywordsGovernment loans
dc.typeCatalogs and Brochures
idb.identifier.pubnumberIDB-CB-00851
idb.operationRG-E1704
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