Adrian Casillas is a recent graduate from the University of Texas at Austin where he received a BS in Mathematics, a BA in Philosophy, and a BBA in Quantitative Finance.His research experience includes topics related to governance and regulation of capital markets, portfolio theory in emerging markets, and the application of mathematical optimization methods in asset pricing and equity indexing.
The consumption acceleration continued during April across all countries and sectors, reaching its highest peak with respect to last year lockdowns.
This brief analyzes the impact of the 2020 CARES Act’s Paycheck Protection Program on short and long term regional labor markets and compares these results to the government consensus and the effects of concurrent Covid-19 recovery programs.
The economy could experience a period of bonanza not seen in decades. Strong recovery boosted by successful vaccination campaign, reopening of services, low interest rates, and massive fiscal stimulus. Flat Phillips curve and elevated slack limit inflationary pressures.