RaboResearch - Economisch Onderzoek

Special

Eurozone pent-up demand: big and decisive or over-estimated and uncertain? (Engelstalig)

A recovery in consumption this year seems all but certain, but expectations about its vigour – underpinned by the ‘pent-up demand’ narrative – could well be too optimistic. Although Eurozone households have stacked up some EUR600bn in additional saving since the pandemic, we argue that a sizeable part of those savings will probably stick. In this research note we explore three scenarios.

Special

Scotland: A proxy vote for independence? (Engelstalig)

The Scottish regional election is potentially shaping up to have a big impact on the future of the UK. Scottish independence has returned to the top of the agenda and the SNP will argue to have a fresh mandate. The economic argument for Scottish independence is weak, but the Conservatives aren’t in the position to credibly make this case.

Special Engelstalige versie

De toekomst van de Bitcoin

De snelle stijging van de Bitcoinprijs leidt weer tot stevige debatten over de toekomst van deze crypto. Daarbij rijzen prangende vragen over de toekomst van de Bitcoin. In deze special tracht ik deze vragen van een antwoord te voorzien.

Special

United States: American Rescue Plan (Engelstalig)

President Biden has delivered a large covid relief package within the first 100 days of his administration that will support Americans at least through early September. By not fully exploring the bipartisan route, Biden has limited the type of policies that he can get through Congress going forward.

Special

Inflation: Ambient or transient? (Engelstalig)

Markets have been in the grips of ‘reflation’. Unless wage inflation picks up or governments stimulate beyond covid-19, the current upward forces on inflation will prove transient. Therefore, the ECB is expected to look through this rise in inflation.