Bericht

Zombification in Europe in times of pandemic

Large-scale government and central bank interventions in the context of the COVID-19 crisis have reinvigorated the debate on the threat of a zombification of the economy if unviable firms are kept alive. This column surveys the existing literature and argues that the COVID-19 crisis is very different from previous experience. It proposes a number of policy actions that can prevent a zombification of the economy.

Language
Englisch

Bibliographic citation
Series: ECONtribute Policy Brief ; No. 011

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Laeven, Luc
Schepens, Glenn
Schnabel, Isabel
Event
Veröffentlichung
(who)
University of Bonn and University of Cologne, Reinhard Selten Institute (RSI)
(where)
Bonn and Cologne
(when)
2020

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Bericht

Associated

  • Laeven, Luc
  • Schepens, Glenn
  • Schnabel, Isabel
  • University of Bonn and University of Cologne, Reinhard Selten Institute (RSI)

Time of origin

  • 2020

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