Inflation on Wall Street versus Main Street
Since 2021, developed countries have experienced a significant inflation episode. This column uses Decision Maker Panel data from UK CEOs and CFOs to study firms’
The impact of rent controls: Lessons from Catalonia
Debates over rent control have a long history, with activists and economists highlighting both the benefits and drawbacks. This column revisits these arguments and examines
Sources of differences in Okun’s Law between advanced economies and emerging markets
Labour markets in advanced economies react more strongly to economic downturns than those in emerging markets. A key reason is the higher prevalence of self-employment
Living wages and government contracts
Living wages are an increasingly common policy tool for reducing poverty and improving the living standards of low-income workers. But until recently, there has been
Trade shocks and labour market outcomes: The interplay between firm exposure and labour market competition
Accurately predicting the labour market impact of trade shocks is a complicated endeavour. Using job match records merged with firm-level customs records and changes in
Not all housing cycles are created equal: Macroeconomic consequences of housing booms
The price fluctuations seen in housing markets since the COVID-19 pandemic have rekindled interest in the question of whether we can distinguish between ‘good’ housing
Abolishing Daylight Saving Time is easy, setting a permanent time is not
Daylight Saving Time – the biannual ritual of adjusting clocks forwards and backwards – has long been debated. Advocates argue it saves energy and promotes
As AI’s power grows, so does our workday
Technological progress is typically expected to lighten the burden of work. But as artificial intelligence has been integrated into workplaces, early evidence suggests a paradox:
Trade wars and fragmentation: Insights from a new ESCB report
Geopolitical shocks are fracturing global trade, and thus challenging economic integration. Even historically sound trade partnerships are now being strained, threatening decades of cooperation. A
Occupational recommendations and job finding
Despite the rise of online job search platforms, many jobseekers still struggle to find suitable employment. Automated occupation recommendations promise to help workers with better
