By Guido Franco, Mauricio Hitschfeld, Álvaro Pina and Damien Puy The large decline in economic activity triggered by the COVID-19 pandemic posed significant risks to the corporate sector. In the wake of the crisis, two major concerns that emerged were i) the potentially-higher vulnerability of smaller or younger firms, which could make them bear the… Read More »The law of the strongest? Firm performance during the COVID-19 crisis
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