Episode 69 – Caroline Stiel – German financial state aid during Covid-19 pandemic: Higher impact among digitalized self-employed

Entrepreneurship & Regional Development

In response to strong revenue and income losses facing a large share of self-employed individuals during the COVID-19 pandemic, the German federal government introduced a €50bn emergency-aid program. Based on real-time online-survey data comprising more than 20,000 observations, we analyze the impact of this program on the confidence to survive the crisis. We investigate how...