Demographic change: Individual blessing, but headwinds for European growth
Developed countries are ageing fast. Although longer and healthier lives imply huge welfare gains for individuals, the effects on economic growth have been elusive. This
The economics of organisational strategy
Many of today’s global problems, such as sustainability, technology, skills, and diversity can only be solved by organisations. This column argues that more work is
Religion matters for economic growth through various channels
Though social scientists have long questioned how religion affects economic growth, a lack of accessible data hindered their efforts. Recently, advances in computing, novel econometric
Online versus in-person services: Effects on patients and providers
Switching the delivery of one-to-one services from in-person to online offers potential cost savings and increased convenience, but what are the impacts on providers and
Exchange rate models are better than you think, and why they didn’t work in the old days
It is generally believed that standard macroeconomic models of foreign exchange rates do not fit the data well. However, this column argues that a model
Public investment: The orphan of politics
If constrained by EU rules, fiscal policymakers will cut or postpone public investment. This seemingly obvious point came up regularly in the policy debate around
The urban wage premium for women: Evidence across the wage distribution
The urban wage premium – the positive wage differential between more and less dense geographic areas – is rarely estimated separately for men and women.
Intended and unintended consequences of welfare cuts for refugees
Many governments have limited welfare benefits for refugee immigrants to encourage workforce participation. This column examines the effects of a large reduction in the cash
Good management practices are great for productivity… as well as profit shifting
Following the release of the Panama Papers and the Pardise Papers, there has been renewed research into profit shifting by multinational firms. This column utilises
Macroprudential policies and industrial growth: Cross-country evidence over the last 30 years
Macroprudential policies have been part of the standard toolkit for central banks since the Global Financial Crisis. This column estimates the effect of macroprudential policies
