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Dec 11, 2020

Growing pains: The future of incomes for lockdown Gen-Z

The youth labor market is highly sensitive to economic cycles, with young people more likely to be in precarious employment than any other age group. After the 2008 Great Financial Crisis (GFC), it took years to recover across Europe and it could take even longer to recover from the impact of the Covid-19 pandemic as it will hinder human capital accumulation, punishing young workers further and widening already present intergenerational inequalities.

Dec 10, 2020

Global Supply Chain Survey: In search of post-Covid-19 resilience

After the Covid-19 lockdowns disrupted global supply chains and put the concepts of supply-chain resilience and reshoring on every policymaker’s lips, we decided to check the pulse of companies in the U.S., the UK, France, Germany and Italy.

Dec 09, 2020

Wanted: Public borrowers of last resort

Recent monetary developments in the EMU are a reminder that it is simplistic and therefore risky to sum up the fuzzy concept of liquidity with QE as if it was the alpha and omega of monetary phenomena.

Dec 03, 2020

ECB: Another EUR1.5trn in QE to reach the light at the end of the tunnel

Household confidence will play a key role in France's economic recovery from the Covid-19 crisis. But unlike consumption, confidence never recovered to its pre-crisis level even when the first lockdown was lifted. The confidence recovery could only gain traction as of Easter 2021, under the hypothesis of a larger scale vaccination campaign being implemented and continued fiscal support from the government.

Dec 02, 2020

France: Improved confidence to boost consumer spending by EUR10bn in 2021

Household confidence will play a key role in France's economic recovery from the Covid-19 crisis. But unlike consumption, confidence never recovered to its pre-crisis level even when the first lockdown was lifted. The confidence recovery could only gain traction as of Easter 2021, under the hypothesis of a larger scale vaccination campaign being implemented and continued fiscal support from the government.

Dec 01, 2020

French and German savers: The unequal twins

French and German savers have many things in common: Their level of financial assets per capita is similar and its development over the last decade has been almost identical.

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