Conference Agenda
Overview and details of the sessions of this conference.
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Some information on the session logistics:
If not stated otherwise, the discussant is the following speaker, with the first speaker being the discussant of the last paper. The last speaker of each session is the session chair. (Exception: invited sessions)
Presenters should speak for no more than 20 minutes, and discussants should limit their remarks to no more than 5 minutes. The remaining time should be reserved for audience questions and the presenter’s responses. We suggest following these guidelines also in the (less common) 3-paper sessions in a 2-hour slot, to allow participants to move between sessions. Discussants are encouraged to avoid summarizing the paper. By focusing on a few questions and comments, the discussants can help start a broader discussion with the audience.
Only registered participants can attend this conference. Further information available on the congress website https://www.iseg.ulisboa.pt/en/event/iipf/ .
Venue address: ISEG - Lisbon School of Economics & Management, R. Francesinhas 21, 1200-675 Lisboa, Portugal
Please note that all times are shown in the time zone of the conference. The current conference time is: 17th Sept 2026, 11:39:32am WEST
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Daily Overview |
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G07: Business Taxation, Investment, and Firm Support Location: Room 107 (Francesinhas 1) | |
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Sailing Through Troubled Waters: Evidence From Support Discontinuities to Firms in Times of Crisis 1: ISEG, Portugal; 2: IZA; 3: ESAG - Santa Catarina State University We exploit the assignment mechanism of the APOIAR Program, a targeted initiative aimed at supporting the firms most affected during the COVID-19 pandemic, to provide causal evidence on the impact of grants on firm survival and performance in times of crisis. Using sharp and fuzzy regression discontinuity designs and drawing on a combination of administrative datasets, we find that eligible firms experienced a short-term increase in profitability in 2021, with €1 of support increasing net income by €0.658. However, these effects did not persist into 2022, and we found no significant changes in turnover or cost reduction, indicating that the increase in profitability was mechanically due to the subsidy. Firms allocated part of the grant to rental payments and purchases of office supplies, including modest investments in digitalization. Our findings suggest that these funds were particularly important for ex-ante less productive, with less cash on hand, and more indebted firms.
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