Estimating local GDP everywhere

Local GDP measures are crucial for economic research but are often unreliable or unavailable, particularly in developing countries. Meanwhile, traditional proxies like nightlights have limitations.
Socioeconomic status and graduate education: Unequal choices, unequal outcomes

Large disparities by socioeconomic status in educational attainment and the likelihood of obtaining a university degree have been widely studied, increasingly with a focus on
Sustainability rules are not a block on EU defence financing, but reputational fears are

The European Commission’s ReArm Europe plan, published on 5 March, aims to trigger €800 billion in defence investments over four years. European Union money would
Reinforcing EU merger control against the risks of acquisitions by big tech

Since 2000, online platforms that are now within the scope of the European Union’s Digital Markets Act (DMA), have bought nearly 700 small, promising companies
The price of power: Why rising markups hurt innovation and widen inequality

Over the past four decades, the US has seen rising market power, slowing productivity growth, and deepening wealth inequality. This column explores how declining competition
Central bank communication in a polarised world

In an era of increasing political polarisation, public trust in institutions like the US Federal Reserve has become a contentious issue. This column shows that
Spain economy set to grow 2.7% in 2025, buoyed by private consumption, central bank says

The Bank of Spain said on Tuesday that it expects the country’s economy to expand by a strong 2.7% this year, up from the 2.5%
EU seeks feedback on looser state aid rules to spur clean tech projects

European Union state aid regulators are seeking feedback from member countries on looser rules allowing governments to give grants and other financial incentives for clean
Deutsche Boerse’s Clearstream to offer bitcoin and ether custody services

Germany’s Deutsche Boerse will offer cryptocurrency custody and settlement services for institutional clients from next month, the company said on Tuesday, becoming the latest firm to
Goldman Sachs managing director Scott Rubner leaves firm, source says

Scott Rubner, a managing director in the derivatives sales and macro execution team at Goldman Sachs, has left the investment bank, a source familiar with

