European household and business expectations during COVID-19 : Towards a v-shaped recovery in confidence?
Ambrocio, Gene (29.07.2020)
JulkaisusarjaBoF Economics Review
JulkaisijaBank of Finland
Julkaisun pysyvä osoite onhttps://urn.fi/URN:NBN:fi:bof-202007292265
Confidence dropped universally across countries and sectors during the height of the COVID-19 pandemic in Europe. Latest survey data suggest that confidence is on track for a v-shaped recovery. The swift implementation of stringent containment measures as well as economic stimulus policy measures, along with several other country characteristics, correlate well with both the drop and recovery of confidence across countries.