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Economic activity is likely to heat up rapidly as people spend some of the savings accumulated in 2020 and direct payments given to them by the federal government.
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DOI: 10.1108/OXAN-DB259622
ISSN: 2633-304X
Keywords
Geographic
Topical
The state of macroeconomics.
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DOI: 10.1108/OXAN-DB229707
ISSN: 2633-304X
Keywords
Geographic
Topical
The debate about how transitory this inflation is will persist. One way to consider the phenomenon is to examine the velocity of money -- the ratio of nominal GDP to monetary…
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DOI: 10.1108/OXAN-DB266226
ISSN: 2633-304X
Keywords
Geographic
Topical
However, supply is struggling to keep pace with demand, and dislocation effects plus shortages of some critical goods and workers are raising prices. GDP growth forecasts for 2021…
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DOI: 10.1108/OXAN-DB262474
ISSN: 2633-304X
Keywords
Geographic
Topical
Europe and the United States may slip back into recession in the northern hemisphere winter. If vaccination succeeds, the advanced economies will recover robustly from mid-2021…