There is a consensus among academics and policymakers that the excess savings built up by households during the past couple of years are specific to the pandemic. Based on data from the past half century for the US, this article shows that savings generally increase during recessions; the...

Labour force structure can be regarded as an important factor in analysing employment and unemployment problems in a developing economy. Specially in a country where data on the employment situation are very limited, characteristics regarding the structure of the labour force contribute a great...