From: Firms’ participation in the Swiss COVID-19 loan programme
(1) Part.(y/n) | (2) Part.(y/n) | (3) Part.(y/n) | (4) Part.(y/n) | |
---|---|---|---|---|
Age <1× Interacted measure | 2.33*** | 0.23* | − 0.16*** | − 0.21 |
Age [1,5)× Interacted measure | 2.50*** | 0.46*** | − 0.15*** | − 0.32* |
Age [5,10)× Interacted measure | 1.74*** | 0.75*** | − 0.15*** | − 0.29 |
Age 10+× Interacted measure | 1.24*** | 0.92*** | − 0.07** | − 0.09 |
Headcount dummies | Yes | Yes | Yes | Yes |
Age dummies | Yes | Yes | Yes | Yes |
Other demand determinants | Yes | Yes | Yes | Yes |
Constant | Yes | Yes | Yes | Yes |
Observations | 471211 | 471211 | 471211 | 471211 |
Log-likelihood | − 212094.74 | − 212153.96 | − 212195.25 | − 212268.08 |
Interacted measure | Lockdown index | Virus cases | Liquidity ratio | Debt ratio |