2020
DOI: 10.2139/ssrn.3660991
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Small Business Survival Capabilities and Policy Effectiveness: Evidence from Oakland

Abstract: We extend our thanks to the staff of the City of Oakland, whose foresight in implementing the survey used in this paper and their countless hours of work on it are a testament to the desire to support the people and small businesses of Oakland. Particular thanks go to Marisa Raya. We also want to thank the SafeGraph and HomeBase companies who have generously shared their data to for research related to COVID-19's impact on U.S. businesses. Finally, we thank Annette Vissing-Jorgensen for feedback and the Berkel… Show more

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Cited by 28 publications
(31 citation statements)
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References 11 publications
(29 reference statements)
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“…Consistent with a substantial part of PPP being used to strengthen firms' balance sheets,Granja et al (2020) andChetty et al (2020) provide evidence that the program did not have an immediate impact on payrolls Bartlett and Morse (2020). find a positive impact of PPP but only at smaller firms than are in our data.…”
supporting
confidence: 86%
“…Consistent with a substantial part of PPP being used to strengthen firms' balance sheets,Granja et al (2020) andChetty et al (2020) provide evidence that the program did not have an immediate impact on payrolls Bartlett and Morse (2020). find a positive impact of PPP but only at smaller firms than are in our data.…”
supporting
confidence: 86%
“…Kim (2020) argues that there is greater impact after accounting for bank constraints. Other studies include Bartik, Cullen, Glaeser, Luca, Stanton, and Sunderam (2020) and Bartlett and Morse (2020), who find positive impacts on very small businesses. Erel and Liebersohn (2020) examine the role of FinTech firms in PPP lending.…”
Section: A Finance Related Covid-19 Researchmentioning
confidence: 99%
“…Nevertheless, as the crisis continues to deepen and the need for support intensifies, it is critical to better understand how accessible and effective current support policies are. In the United States, the Paycheck Protection Program has been found to be associated with increased employment and business survival probability (Bartlett and Morse, 2020;Humphries et al, 2020b).…”
Section: Introductionmentioning
confidence: 99%