Live and (don't) let die: The impact of Covid-19 and public support on French firms

Within the framework of the Coeuré Committee, the French Treasury has developed a microsimulation tool which allows to estimate the impact of the crisis, and of public measures taken in response, on the financial health of French firms. Results show that firms’ financial health has deteriorated in 2020 compared to a year without crisis, but that public support – mostly the short-time work scheme a... Lire la suite