13 For individuals in their prime working years, the participation rate fully retraced its post-crisis decline, defying earlier assessments that the Global Financial Crisis might cause permanent structural damage to the labor market. Laubach, and Williams (2017) and Lunsford and West (2019). See also the recent evidence in LopezSalido and others (2020).
So far, the arrangements have not been used to provide funds other than in U.S. dollars. BIS central bankers’ speeches  7  eventful that I am sure it will long be remembered in the history of economy and finance. We have learned a lot and may have become a little wiser, but so many things remain to be explored.