Coronavirus: Mass Testing, Real Time Labor Market Estimates, Economics in the Age of COVID-19, Fiscal Policies to Contain the Damage from COVID-19 – what I have been reading today

Since I started to carefully study the coronavirus and its associated health and economic consequences in January 2020, I have been reading many news, research articles, and blog posts. I got more and more concerned and I hope that the situation will improve as soon as possible. Let me now regularly share with you someContinue reading “Coronavirus: Mass Testing, Real Time Labor Market Estimates, Economics in the Age of COVID-19, Fiscal Policies to Contain the Damage from COVID-19 – what I have been reading today”

The U.S. Economy this week: Another 5.2 million Americans registered to claim for jobless benefits in the week before Easter – Industrial Production and Retail Sales drop in the United States

For the fourth consecutive week, a very high number (5.2 millions) of Americans filed for first-time unemployment. The week before, even 6.6 million persons registered for jobless benefits. Although the numbers can be expected to further decrease in the next weeks, they will remain high. A range of other data this week showed how deepContinue reading “The U.S. Economy this week: Another 5.2 million Americans registered to claim for jobless benefits in the week before Easter – Industrial Production and Retail Sales drop in the United States”

The Future of Money: Libra’s scope seems to be downgraded – what I have been reading this week

It appears that Facebook’ Libra project is downgraded and more aligned with the requirements of regulators all over the world. According to the Financial Times: “the association outlined plans to offer a set of digital versions of single currencies, such as a Libra dollar or a Libra euro, that would be fully backed one to oneContinue reading “The Future of Money: Libra’s scope seems to be downgraded – what I have been reading this week”

Coronavirus: how are small businesses adjusting to COVID-19, targeting super-spreaders, and the CEPR “journal” on COVID economics – what I have been reading today (and yesterday)

Since I started to carefully study the coronavirus and its associated health and economic consequences in January 2020, I have been reading many news, research articles, and blog posts. I got more and more concerned and I hope that the situation will improve as soon as possible. Let me now regularly share with you someContinue reading “Coronavirus: how are small businesses adjusting to COVID-19, targeting super-spreaders, and the CEPR “journal” on COVID economics – what I have been reading today (and yesterday)”

Another 6.6 million Americans registered to claim for jobless benefits in the beginning of April – Consumer Sentiment drops in the United States

For the third consecutive week, a record number (6.6 millions) of Americans filed for first-time unemployment. In addition, the consumer sentiment index provided by the University of Michigan plunged by 18.1 in the beginning of April. These developments are worrying. Although there is hope that the situation will not get much worser and might startContinue reading “Another 6.6 million Americans registered to claim for jobless benefits in the beginning of April – Consumer Sentiment drops in the United States”

Why are there so many researchers but low productivity growth?

In a recently published article, Bloom et al. find that “ideas are harder to find”. They find that “aggregate growth rates are relatively stable over time, while the number of researchers has risen enormously”. And: “Perhaps the best example of this finding comes from Moore’s Law, one of the key drivers of economic growth inContinue reading “Why are there so many researchers but low productivity growth?”

Coronavirus: Effects of COVID-19 on international relations; emerging market economy exchange rates; and the life of status seekers under isolation – what I have been reading today

Since I started to carefully study the coronavirus and its associated health and economic consequences in January 2020, I have been reading many news, research articles, and blog posts. I got more and more concerned and I hope that the situation will improve as soon as possible. Let me now regularly share with you someContinue reading “Coronavirus: Effects of COVID-19 on international relations; emerging market economy exchange rates; and the life of status seekers under isolation – what I have been reading today”

The Future of Money – what I have been reading this week

The Bank for International Settlement published an interesting policy brief on “Covid-19, cash, and the future of payments”. From their takeaways: “• The Covid-19 pandemic has fanned public concerns that the coronavirus could be transmitted by cash. • Scientific evidence suggests that the probability of transmission via banknotes is low when compared with other frequently-touchedContinue reading “The Future of Money – what I have been reading this week”

Coronavirus: Global Uncertainty related to Coronavirus, Bill Gates, remote work, and international capital flows in the COVID-19 crisis – what I have been reading today

Since I started to carefully study the coronavirus and its associated health and economic consequences in January 2020, I have been reading many news, research articles, and blog posts. I got more and more concerned and I hope that the situation will improve as soon as possible. Let me now regularly share with you someContinue reading “Coronavirus: Global Uncertainty related to Coronavirus, Bill Gates, remote work, and international capital flows in the COVID-19 crisis – what I have been reading today”

The U.S. Economy – how deep will the recession be? Unfortunately, we do not know yet

As the coronavirus spreads all over the world, it is causing increasing losses of human lives, tragedies, and inconveniences for many people in a growing number of countries. Economic losses are high for a large number of firms and individuals. Governments and central banks are busy implementing various monetary and fiscal policy tools to dampenContinue reading “The U.S. Economy – how deep will the recession be? Unfortunately, we do not know yet”

WordPress Cookie Plugin by Real Cookie Banner