Corporate sector vulnerabilities during the Covid-19 outbreak: Assessment and policy responses

This brief investigates the financial vulnerability of non-financial firms associated with confinement measures introduced in most world economies to tackle the Coronavirus (COVID-19) epidemic. Based on empirical simulations, it evaluates the extent to which firms may run into a liquidity crisis and...

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Bibliographic Details
Corporate Author: Organisation for Economic Co-operation and Development
Format: eBook
Language:English
Published: Paris OECD Publishing 2020
Series:OECD Policy Responses to Coronavirus (COVID-19)
Subjects:
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Collection: OECD Books and Papers - Collection details see MPG.ReNa
Description
Summary:This brief investigates the financial vulnerability of non-financial firms associated with confinement measures introduced in most world economies to tackle the Coronavirus (COVID-19) epidemic. Based on empirical simulations, it evaluates the extent to which firms may run into a liquidity crisis and discusses the immediate steps that governments can take to reduce the risks and depth of such crisis, ensuring that it does not turn into a solvency crisis
Physical Description:17 p