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Ein Mechanismus zur Unterstützung von Unternehmen in der COVID-19-Krise

Author

Listed:
  • Werner Hölzl
  • Philipp Schmidt-Dengler

    (WIFO)

Abstract

Der Beitrag skizziert einen Mechanismus "gewinnabhängig rückzahlbarer Zuschuss" zur Unterstützung von kleinen und mittleren Unternehmen in der COVID-19-Krise, der schnell, zielgerichtet und mit geringen administrativen Kosten implementiert werden kann. Dieser Mechanismus ist charakterisiert durch die gewinnabhängige Rückzahlung, eine begrenzte Rückzahlungsfrist, marktübliche Verzinsung und eine Abwicklung über das Steuerkonto. Ein solcher Mechanismus kann effizient und fiskalisch verantwortungsvoll staatliches "Unterstützungskapital" für viele kleine und mittlere Unternehmen zur Verfügung stellen. Abschließend werden mögliche Probleme des Mechanismus diskutiert.

Suggested Citation

  • Werner Hölzl & Philipp Schmidt-Dengler, 2020. "Ein Mechanismus zur Unterstützung von Unternehmen in der COVID-19-Krise," WIFO Research Briefs 7, WIFO.
    • Handle: RePEc:wfo:rbrief:y:2020:i:7
    Note: With English abstract.
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    File URL: https://www.wifo.ac.at/wwa/pubid/66053
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    References listed on IDEAS

    as
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    3. Veronica Guerrieri & Guido Lorenzoni & Ludwig Straub & Iván Werning, 2022. "Macroeconomic Implications of COVID-19: Can Negative Supply Shocks Cause Demand Shortages?," American Economic Review, American Economic Association, vol. 112(5), pages 1437-1474, May.
    4. Massimo Motta & Martin Peitz, 2020. "EU state aid policies in the time of COVID-19," Vox eBook Chapters, in: AgneÌ€s BeÌ nassy-QueÌ reÌ & Beatrice Weder di Mauro (ed.), Europe in the Time of Covid-19, edition 1, volume 1, chapter 1, pages 73-77, Centre for Economic Policy Research.
    5. Werner Hölzl & Michael Klien & Agnes Kügler, 2020. "Liquiditätsengpässe und Erwartungen bezüglich der Normalisierung. Ergebnisse der zweiten Sonderbefragung zur COVID-19-Krise im Rahmen des WIFO-Konjunkturtests vom Mai 2020," WIFO Studies, WIFO, number 66032.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    KMU; Partizipationskapital; COVID-19; Zuschuss;
    All these keywords.

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