Government guarantees represent a widely used instrument in contrasting a financial crisis and their importance has been increasing during the current Covid-19 outbreak. While guarantees on loans are a good tool to provide liquidity to entreprises, they carry also risks, mainly related to moral hazard and the non-evident reporting in the government accounts. The final part of the thesis is focused on the estimation of the impact of the "Garanzia Italia" scheme on the public finance.
How government guarantees impact on the public finance? The case of the Italian response to COVID-19 crisis
Bassato, Federica
2021/2022
Abstract
Government guarantees represent a widely used instrument in contrasting a financial crisis and their importance has been increasing during the current Covid-19 outbreak. While guarantees on loans are a good tool to provide liquidity to entreprises, they carry also risks, mainly related to moral hazard and the non-evident reporting in the government accounts. The final part of the thesis is focused on the estimation of the impact of the "Garanzia Italia" scheme on the public finance.File in questo prodotto:
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Bassato_Federica.pdf
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Utilizza questo identificativo per citare o creare un link a questo documento:
https://hdl.handle.net/20.500.12608/28688