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This paper provides evidence that information frictions and the \'first-come, first-served\' design of the PPP program skewed its resources towards larger firms and may have permanently reduced its effectiveness. Using daily survey data on small businesses in the U.S., the study shows that the smallest businesses were less aware of the PPP, less likely to apply, and faced longer processing times. The findings suggest that these frictions disadvantaged small businesses, leading to fewer...

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What is journal of public economics?

The Journal of Public Economics is a scholarly publication that focuses on the study of public economics, which includes taxation, government spending, and public policy.

Who is required to file journal of public economics?

Researchers and academics in the field of public economics, as well as professionals involved in public policy, may submit articles for consideration to the Journal of Public Economics.

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To submit an article to the Journal of Public Economics, authors should prepare their manuscript according to the journal's submission guidelines, which include formatting, citation styles, and required sections.

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The purpose of the Journal of Public Economics is to disseminate high-quality research and analysis on public economic issues, fostering a deeper understanding of how government policies affect economic outcomes.

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Manuscripts submitted to the Journal of Public Economics must report relevant research findings, methodology, theoretical frameworks, and implications for public policy.

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