Research / White PaperApr 08, 2020

Business Continuity Insurance and Loans: Keeping America’s Lights On During The Pandemic

Samuel G. Hanson, Jeremy C. Stein, Adi Sunderam, Eric Zwick

We propose that the government provide business continuity support, allowing businesses to meet their recurring fixed obligations during the COVID-19 pandemic. The goal is to avoid a large wave of bankruptcies and preserve firm balance sheets to set the stage for a strong economic recovery once the pandemic ends. Business Continuity Insurance describes a proposal that would operate through the tax system, and provides a detailed estimate of the cost of overhead assistance. Business Continuity Loans describes a proposal that would operate through the Federal Reserve system.

More Research From These Scholars

BFI Working Paper Jan 25, 2021

Rethinking How We Score Capital Gains Tax Reform

Natasha Sarin, Lawrence H. Summers, Owen M. Zidar, Eric Zwick
Topics:  Fiscal Studies
BFI Working Paper Aug 31, 2020

Business Incomes at the Top

Wojciech Kopczuk, Eric Zwick
BFI Working Paper Dec 2, 2021

Business Continuity Insurance in the Next Disaster

Samuel Hanson, Adi Sunderam, Eric Zwick
Topics:  COVID-19