EIB Working Paper 2020/09 - Investment vs debt trade-offs in the post-COVID-19 European economy
This paper estimates the revenues lost by European firms during the COVID-19 crisis, taking into account different scenarios regarding policy support and the length of the crisis. It examines the likely effect of such revenue losses on firms’ internal financing capacity and on investment, suggesting...
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| Główni autorzy: | , |
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| Format: | Online |
| Język: | angielski |
| Wydane: |
European Investment Bank
2021
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| Hasła przedmiotowe: | |
| Dostęp online: | OCN: 1249172154 |
| Etykiety: |
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| _version_ | 1869515512971526144 |
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| author | Pál, Rozália Maurin, Laurent |
| author_browse | Maurin, Laurent Pál, Rozália |
| author_facet | Pál, Rozália Maurin, Laurent |
| author_sort | Pál, Rozália |
| collection | Directory of Open Access Books |
| description | This paper estimates the revenues lost by European firms during the COVID-19 crisis, taking into account different scenarios regarding policy support and the length of the crisis. It examines the likely effect of such revenue losses on firms’ internal financing capacity and on investment, suggesting that the COVID-19 crisis may trigger an fall in corporate investment greater that that experienced during the Great Financial Crisis, with firms facing a trade-off between reduced investment and greater indebtedness. A macro-model based on historical data also suggests that the decline in corporate investment would likely be within the computed ranges, should the estimated gap in firm revenues materialise as the result of the crisis. |
| format | Online |
| id | doab-20.500.12854ir-64131 |
| institution | Directory of Open Access Books |
| language | eng |
| publishDate | 2021 |
| publishDateRange | 2021 |
| publishDateSort | 2021 |
| publisher | European Investment Bank |
| publisherStr | European Investment Bank |
| record_format | ojs |
| spelling | doab-20.500.12854ir-641312025-07-30T17:26:41Z EIB Working Paper 2020/09 - Investment vs debt trade-offs in the post-COVID-19 European economy Pál, Rozália Maurin, Laurent European Investment Bank Business & Economics Finance thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry This paper estimates the revenues lost by European firms during the COVID-19 crisis, taking into account different scenarios regarding policy support and the length of the crisis. It examines the likely effect of such revenue losses on firms’ internal financing capacity and on investment, suggesting that the COVID-19 crisis may trigger an fall in corporate investment greater that that experienced during the Great Financial Crisis, with firms facing a trade-off between reduced investment and greater indebtedness. A macro-model based on historical data also suggests that the decline in corporate investment would likely be within the computed ranges, should the estimated gap in firm revenues materialise as the result of the crisis. 2021-02-10T12:58:18Z 2021-03-19T04:30:36Z 2020 book OCN: 1249172154 https://library.oapen.org/handle/20.500.12657/47408 9789286148507 https://directory.doabooks.org/handle/20.500.12854/64131 eng open access image/png image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International Attribution-NonCommercial-NoDerivatives 4.0 International https://library.oapen.org/bitstream/20.500.12657/47408/1/QHBK20009ENN.en.pdf https://library.oapen.org/bitstream/20.500.12657/47408/1/QHBK20009ENN.en.pdf https://library.oapen.org/bitstream/20.500.12657/47408/1/QHBK20009ENN.en.pdf https://library.oapen.org/bitstream/20.500.12657/47408/1/QHBK20009ENN.en.pdf https://library.oapen.org/bitstream/20.500.12657/47408/1/QHBK20009ENN.en.pdf https://library.oapen.org/bitstream/20.500.12657/47408/1/QHBK20009ENN.en.pdf European Investment Bank European Investment Bank https://doi.org/10.2867/417469 https://doi.org/10.2867/417469 feca012f-a3d8-4aac-95aa-b6cf4bdbed7c 9789286148507 Knowledge Unlatched (KU) KU Open Services European Investment Bank open access |
| spellingShingle | Business & Economics Finance thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry Pál, Rozália Maurin, Laurent EIB Working Paper 2020/09 - Investment vs debt trade-offs in the post-COVID-19 European economy |
| title | EIB Working Paper 2020/09 - Investment vs debt trade-offs in the post-COVID-19 European economy |
| title_full | EIB Working Paper 2020/09 - Investment vs debt trade-offs in the post-COVID-19 European economy |
| title_fullStr | EIB Working Paper 2020/09 - Investment vs debt trade-offs in the post-COVID-19 European economy |
| title_full_unstemmed | EIB Working Paper 2020/09 - Investment vs debt trade-offs in the post-COVID-19 European economy |
| title_short | EIB Working Paper 2020/09 - Investment vs debt trade-offs in the post-COVID-19 European economy |
| title_sort | eib working paper 2020 09 investment vs debt trade offs in the post covid 19 european economy |
| topic | Business & Economics Finance thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry |
| topic_facet | Business & Economics Finance thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry |
| url | OCN: 1249172154 |
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