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The corona epidemic has caused a temporary reduction in housing market activity and a small drop in housing prices …
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The corona epidemic has reduced the consumption of Danish households, which will temporarily lower the consumption rate … economy. Therefore, the consumption rate is expected to relatively quickly return to its pre-corona epidemic level. However, a … longer lasting epidemic and contraction of the Danish economy can further reduce household consumption. …
Persistent link: https://www.econbiz.de/10013326741
Households' savings increased significantly during the first wave of the corona pandemic in Denmark and several other countries. This Economic Memo finds that the higher savings in Denmark were driven by restrictions rather than precautionary consumers. Precautionary savings have so far been...
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