Social insurance and entrepreneurship: The effect of unemployment benefits on new‐business formation

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An Estimated Model of Entrepreneurial Choice under Liquidity Constraints

David S. Evans, Boyan Jovanovic (1989)

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The impact of COVID-19 on small business outcomes and expectations

Alexander Bartik, Marianne Bertrand, Zoe Cullen … (2020)

Significance Drawing on a survey of more than 5,800 small businesses, this paper provides insight into the economic impact of coronavirus 2019 (COVID-19) on small businesses. The results shed light on both the financial fragility of many small businesses, and the significant impact COVID-19 had on these businesses in the weeks after the COVID-19–related disruptions began. The results also provide evidence on businesses’ expectations about the longer-term impact of COVID-19, as well as their perceptions of relief programs offered by the government.