Undoubtedly the Coronavirus is going to accelerate the post-2008 crisis. Now don't let anyone tell you that, that crisis ended and now we have a new one. The 2008 crisis never ended, it morphed into different forms, it traveled from one continent to another. It took different forms, but nevertheless, it has always been with us. The world never went back to some kind of equilibrium after 2008.
Digitalization may be viewed as a technology/supply shock which affects the main economic aggregates, notably via competition, productivity and #employment effects, as well as through its interaction with institutions and governance. #Digitaltechnologies are also changing the ways in which firms do business and interact with their customers and suppliers. Understanding #digitaltransformation and the channels through which it influences the economy is therefore increasingly relevant for the conduct of monetary policy!