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Unerwünschte Nebenwirkung der Corona-Maßnahmen: Zombies?

Author

Listed:
  • Lukas Arth
  • Klaus Gründler
  • Niklas Potrafke
  • Fabian Ruthardt
  • Jannik Sielmann

Abstract

Deutsche Volkswirte befürchten, dass in der Coronakrise die Zahl der Zombieunternehmen zunimmt. Im aktuellen ifo-FAZ-Ökonomenpanel schätzen 86% der teilnehmenden Ökonom*innen, dass die Zahl der Zombieunternehmen in Deutschland seit März 2020 „eher gestiegen“ oder „stark gestiegen“ ist. Die vorübergehende Aussetzung der Insolvenzantragspflicht und das Kurzarbeitergeld bergen ihrer Ansicht nach das größte Risiko für die Entstehung von Zombieunternehmen.

Suggested Citation

  • Lukas Arth & Klaus Gründler & Niklas Potrafke & Fabian Ruthardt & Jannik Sielmann, 2020. "Unerwünschte Nebenwirkung der Corona-Maßnahmen: Zombies?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 73(11), pages 50-52, November.
    • Handle: RePEc:ces:ifosdt:v:73:y:2020:i:11:p:50-52
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    File URL: https://www.ifo.de/DocDL/sd-2020-11-arth-etal-oekonomenpanel-zombiefirmen.pdf
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    References listed on IDEAS

    as
    1. Fabiano Schivardi & Enrico Sette & Guido Tabellini, 2022. "Credit Misallocation During the European Financial Crisis," The Economic Journal, Royal Economic Society, vol. 132(641), pages 391-423.
    2. Dan Andrews & Filippos Petroulakis, 2017. "Breaking the Shackles: Zombie Firms, Weak Banks and Depressed Restructuring in Europe," OECD Economics Department Working Papers 1433, OECD Publishing.
    3. Müge Adalet McGowan & Dan Andrews & Valentine Millot & Thorsten BeckManaging Editor, 2018. "The walking dead? Zombie firms and productivity performance in OECD countries," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 33(96), pages 685-736.
    4. Ryan Niladri Banerjee & Boris Hofmann, 2018. "The rise of zombie firms: causes and consequences," BIS Quarterly Review, Bank for International Settlements, September.
    5. Viral V Acharya & Tim Eisert & Christian Eufinger & Christian Hirsch, 2019. "Whatever It Takes: The Real Effects of Unconventional Monetary Policy," The Review of Financial Studies, Society for Financial Studies, vol. 32(9), pages 3366-3411.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Becker, Marco, 2021. "Zombie Companies in the Corona Pandemic or the phenomenon of covertly over-indebted companies in Germany," EconStor Preprints 233101, ZBW - Leibniz Information Centre for Economics.
    2. Klaus Gründler & Justus Mänz & Niklas Potrafke & Fabian Ruthardt, 2021. "Ökonomenpanel: Deutschland nach einem Jahr Corona: Ökonom*innen ziehen eine Zwischenbilanz," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 74(03), pages 59-62, March.
    3. Becker, Marco, 2021. "Zombie-Unternehmen in der Corona-Pandemie oder Phänomen der verdeckt überschuldeten Unternehmen in Deutschland," EconStor Preprints 233100, ZBW - Leibniz Information Centre for Economics.

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    Keywords

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    JEL classification:

    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • L53 - Industrial Organization - - Regulation and Industrial Policy - - - Enterprise Policy

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