The Importance of Cost Structure for the Effectiveness of State Aid

Abstract For many firms, the coronavirus crisis has lead to persistent sales slumps that generated urgent liquidity demand — unless fixed costs were reduced. The authors use a newly developed classification procedure that makes the cost structure of companies and, thus, their sensitivity to sales sh...

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Bibliographic Details
Main Authors: Jannis Bischof, Christopher Karlsson, Davud Rostam-Afschar, Thomas Simon
Format: Article
Language:deu
Published: Sciendo 2021-07-01
Series:Wirtschaftsdienst
Online Access:https://doi.org/10.1007/s10273-021-2962-x
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