1.
Zeitschrift für Wirtschaftspolitik
; 71(3):232-235, 2022.
Article
in English
| ProQuest Central | ID: covidwho-2118709
ABSTRACT
The COVID-pandemic is an unprecedented uncertainty shock. The increased uncertainty made global supply chains more vulnerable and costly. At the same the financing costs of a robot relative to hourly wages declined substantially when central banks reduced interest rates to fight the crisis. The pandemic is expected to lead to de-globalization with supply chains declining by 35 percent. I then discuss whether governments should intervene to help firms navigate the crisis.
2.
Wirtschaftsdienst
; 100(7): 476, 2020.
Article
in German
| MEDLINE | ID: covidwho-828367