Given the global trend in corporate saving over the last decades, the COVID-19 crisis raises doubts about the persistence of companies’ saving behaviour due to the losses which have occurred in many companies caused by the isolation of households and by lockdowns. Before the pandemic,...

Given the global trend in corporate saving over the last decades, the COVID-19 crisis raises doubts about the persistence of companies' saving behaviour due to the losses which have occurred in many companies caused by the isolation of households and by lockdowns. Before the pandemic, corporate...

Pessimism related to the outbreak of the Coronavirus Disease 2019 and its development in 2020 determines the experts' predictions for the second and third quarter of 2020. The pessimistic outlook can be inferred from the downward revisions of the experts' forecasts. More downward revisions than...

In this paper we aim to shed light on the global trend in rising corporate saving over the last three decades and to discuss the effects that the Covid-19 crisis might have on companies' saving behaviour. To do so, we analyse the transition of the corporate sector from traditionally being a net...

Pessimism related to the outbreak of the Coronavirus Disease 2019 and its development in 2020 determines the experts’ predictions for the second and third quarter of 2020. The pessimistic outlook can be inferred from the downward revisions of the experts’ forecasts. More downward revisions...

In this paper we aim to shed light on the global trend in rising corporate saving over the last three decades and to discuss the effects that the Covid-19 crisis might have on companies' saving behaviour. To do so, we analyse the transition of the corporate sector from traditionally being a net...

The macroeconomic effects of exchange rate movements have been subject to an extensive debate in international economics. Traditionally, much of the discussion was focused on the relation between the effective exchange rate and the trade balance. However, the process of financial globalization...

The macroeconomic effects of exchange rate movements have been subject to an extensive debate in international economics. Traditionally, much of the discussion was focused on the relation between the effective exchange rate and the trade balance. However, the process of financial globalization...