Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/268564 
Year of Publication: 
2020
Series/Report no.: 
ECONtribute Policy Brief No. 011
Publisher: 
University of Bonn and University of Cologne, Reinhard Selten Institute (RSI), Bonn and Cologne
Abstract: 
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.
Document Type: 
Research Report

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