Why firms’ responses to corporate taxes differ across countries

Debates on corporate taxation hinge crucially on how firms respond to changing tax incentives. This column uses administrative tax data from 16 countries and a
How far the apple falls: Evidence on social mobility across OECD countries

Understanding levels and patters of intergenerational social mobility can help in designing policy mixes that enhance both drivers of economic growth and equality of opportunity.
Gig jobs and crime: Evidence from food delivery platforms in France

Food delivery platforms lower barriers to legal work for disadvantaged groups. Using the staggered rollout of Deliveroo and Uber Eats across France, this column shows
Knowledge jobs help firms to influence demand

Firms can shape demand by designing attractive products, managing quality, adapting to regulations, and deploying effective marketing strategies. This column argues that a set of
Greening at the border: Carbon Border Adjustment Mechanism incidence on EU member states and their trading partners

The EU’s Carbon Border Adjustment Mechanism seeks to address carbon leakage and ensure fair competition between EU and non-EU producers as EU climate policy tightens.
How emerging markets borrow: New evidence on sovereign bond issuance

Emerging market debt has surged since the pandemic, renewing concerns about rollover risk and fiscal vulnerability. This column uses a new auction-level dataset covering sovereign
The content moderator’s dilemma: How removing toxic speech distorts online discourse

Online platforms face a fundamental tension between removing toxic content and preserving the plurality of online discourse. This column discusses a new methodology for measuring
Information equalisation and competition in selection markets: Evidence from auto insurance

Efforts to reduce information asymmetries across firms are increasingly at the centre of Europe’s digital regulatory agenda. This column examines how differences in risk-rating precision,
Beyond oil: The macroeconomic impact of commodity supply disturbances

As geopolitical tensions from Ukraine to the Middle East disrupt global supply chains, understanding how diverse commodity shocks affect the broader economy has become increasingly
From free rider to innovator: How China became a global pharmaceutical powerhouse

China has become a serious contender at the frontier of pharmaceutical innovation. A key policy change was the 2016 National Reimbursement Drug List, whereby the

