The U.S. responded to the COVID-19 recession with massive and unprecedented support for businesses. The business sector overall fared much better than had been expected at the outset. Is this evidence that the business aid had strong economic benefits? Why should policymakers think twice before redeploying the same toolkit during future recessions? Ben Iverson, associate professor of finance at Brigham Young University, and Gabe Chodorow-Reich, associate professor of economics at Harvard University, join host David Wessel to discuss lessons learned about support for businesses.
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Authors
Commentary
PodcastHow effective was aid to business during COVID-19?
Gabriel Chodorow-Reich,
Gabriel Chodorow-Reich
Associate Professor of Economics
- Harvard University
@gchodorowreich
Ben Iverson, and
Ben Iverson
Associate Professor of Finance
- Marriott School of Business, Brigham Young University
David Wessel
David Wessel
Director
- The Hutchins Center on Fiscal and Monetary Policy,
Senior Fellow
- Economic Studies
@davidmwessel
June 7, 2022