DIW abgeschlossen
Letze Aktualisierung der Studie: 
Di, 2022-09-13

Emergency-Aid for Self-employed in the Covid-19 Pandemic: A Flash in the Pan?

Beteiligte Mitarbeiter
Block, Jörn (Trier University)
Kritikos, Alexander S. (DIW Berlin)
Priem, Maximilian (DIW Econ)
Stiel, Caroline (DIW Berlin)
Institutioneller Anbindung
German Institute for Economic Research (DIW Berlin)
DIW Econ GmbH
Trier University (Forschungszentrum Mittelstand)
Gefördert durch
no external funding

Self-employed persons faced severe income losses during the COVID-19 pandemic, prompting many governments to launch financial assistance programs, including Germany. In this study, we examine whether the German emergency aid program influenced the confidence of the self-employed to survive the crisis. For this purpose, we conducted an online survey of more than 20,000 self-employed individuals. Our analysis applies a treatment effects model with propensity score matching. As a result, we find that the program significantly increased the subjective survival probability among the self-employed. The effect depends on the level of education, the industry, as well as the speed of the payout.

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Art und Anzahl der Erhebungen
cross-sectional study
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Relevante Publikationen

  • Block, Jörn; Kritikos, Alexander S.; Priem, Maximilian; Stiel, Caroline (2020): Emergency Aid for Self-Employed in the Covid-19 Pandemic. A Flash in the Pan?.
    DIW Discussion Paper, 1924, Berlin, DIW Berlin