26.03.2020 - Macroeconomics

by Agnieszka Gehringer

In the aftermath of the Great Financial Crisis 2008-2009 and European debt crisis 2011-2012, the public debt ratios in G7 countries increased on average by altogether 40% of GDP. The coronavirus pandemic is likely to generate a much higher fiscal dam ...

18.03.2020 - Macroeconomics

by Agnieszka Gehringer

As an answer to the looming economic crisis amid the coronavirus pandemic, several governments in the euro area announced very substantial rescue packages. As a consequence, public debt will increase strongly. For a number of countries the debt will ...

17.03.2020 - Macroeconomics

by Agnieszka Gehringer

The increase of the public debt ratio in Italy as a result of measures to fight the coronavirus pandemic and of the recession will sooner or later require an intense effort to ensure the solvency of the Italian state.

11.10.2019 - Macroeconomics

by Thomas Mayer, Agnieszka Gehringer

Developments of the FvS BCI so far this year suggest that recession could have started in April 2019. But a final judgement based on our methodology will have to wait until we have seen the recession trough.

09.09.2019 - Macroeconomics

by Agnieszka Gehringer

Due to the weakening inflation expectations and trade war’s uncertainties, major central banks are expected to implement strategies to prevent an accident.

13.08.2019 - Macroeconomics

by Agnieszka Gehringer

Policymakers have plunged into climate actionism and set ever stricter climate goals. This can have unintended social and economic consequences.