The Impact of COVID-19 on Formal Firms : Evidence from Albania (English)

• Author

  Bachas,Pierre Jean, Brockmeyer,Anne, Semelet,Camille Marine, Ungerer,Christoph T F

• Document Date

  2020/08/01

• Document Type

  Brief

• Report Number

  151975

• Volume No

  1

• Total Volume(s)

  1

• Country

  Albania,

• Region

  Europe and Central Asia,

• Disclosure Date

  2021/07/19

• Disclosure Status

  Disclosed

• Doc Name

  The Impact of COVID-19 on Formal Firms : Evidence from Albania

• Keywords

  wage subsidy; Wage Subsidies; corporate income tax rate; loss in tax revenue; Wage Bill; loss in revenue; machinery and equipment; loss of employment; increase in debt; leather goods stores; annual wage bill; degree of heterogeneity; number of workers; return to zero; general equilibrium model; interest rate cap; compulsory social security; fund for health; output loss; minimum wage; panel data; air transportation; sovereign guarantee; demand shock; average wage; credit constraint; formal economy; impact categories; defense spending; increased revenue; cost structure; administrative datum; minimum salary; monthly revenue; labour cost; call center; capital input; large business; tourism sector; working capital; private company; tax deferral; revenue category; metal product; formal employment; government wage; banking system; humanitarian relief; back up; production capacity; budget support; retail trade; home furnishings; Book Store; news dealers; store retailers; piece goods; automotive part; bus transportation; Real estate; Waste Management; change product; aggregate output; debt level; indirect impact; performing art; personal service; amusement park; output shock; social cost; wage loss; paper product; petroleum product; basic metal; tax records; emergency policy; electrical equipment; temporary shock; transport equipment; expected loss; labor supply; movement restriction

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• Language

  English

• Topics

  Wage Subsidies, Transport, Employment and Wage Data, Health, Coronavirus (COVID-19),

• Historic Topics

  Governance, Rural Development, Social Protections and Labor, Transport, Industry,

• Historic SubTopics

  Public Sector Administrative and Civil Service Reform, Administrative & Civil Service Reform, De Facto Governments, Democratic Government, Public Sector Administrative & Civil Service Reform, Labor Policies, Rural Labor Markets, Labor Markets, Transport Services, Health Care Services Industry,

• Unit Owning

  DECRG: Macroeconomics & Growth (DECMG)

• Version Type

  Revised

• Series Name

  MTI Practice Note, no. 9A,

• See Less

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