The economic situation remains very uncertain. It is rightly pointed out, for example, that the labor market is still robust. But the first dark clouds are already gathering on the horizon, even for the labor market.
Author Archives: EBECON
German economy is in recession
Germany’s gross domestic product shrank by 0.2% in the fourth quarter. However, a severe winter recession, which was feared in the autumn, has become less likely. Nevertheless, the risks to the economy remain high. I am somewhat more pessimistic regarding economic growth in 2023 than some of my colleagues.
What caught my eye: Private debt, crypto assets, global value chains, and much more…
“Language Models and Cognitive Automation for Economic Research”
How to Change Your Hiring Process to Make It More Diverse
Everyone deserves to be given a chance in life; hence, the importance of being able to take on new hires that don’t necessarily fit the mold or tick off all the boxes.
What caught my eye: Language models for economics, the crypto crash, and what is a trade agreement?
“Language Models and Cognitive Automation for Economic Research”
U.S. economy: Recession likely despite robust labor market
Recession, yes or no. That has been the big question for several months now.
German economy gets off lightly in the short term
Germany’s gross domestic product shrank by 0.2% in the fourth quarter. However, a severe winter recession, which was feared in the autumn, has become less likely. Nevertheless, the risks to the economy remain high. I am somewhat more pessimistic regarding economic growth in 2023 than some of my colleagues.
What caught my eye: The IMF economic outlook, the oil market in 2023, and the effects of Brexit
The International Monetary Fund published its economic outlook (in my opinion, it is a bit too optimistic):
The German economy may experience a mild recession, but a severe one can still not be excluded
The German economy is proving remarkably robust under challenging conditions, even though the economic situation remains gloomy.
German economy: Deep recession can probably be avoided, but outlook remains gloomy
The German economy is probably facing a recession, even if the outlook has recently improved somewhat.