US entity list restrictions slow the innovation of Chinese firms and their US collaborators
Recent tensions between the US and China have raised the spectre of technological decoupling. This column explores the impact of US Entity List restrictions on
Double pricing of greenhouse gas emissions in shipping: Competitiveness, climate, and what to do about it
International shipping faces significant challenges as emissions trading schemes expand, potentially leading to overlapping greenhouse gas pricing mechanisms. Concerns are rising among shipping companies that
The impact of trade on anti-globalisation voting: Evidence from France
Anti-globalisation sentiment has risen significantly in recent decades. Focusing on French voting patterns since 1981, this column analyses the relationship between anti-globalisation votes and local
Industrial policy: Lessons from shipbuilding
Industrial policy has been used by many countries throughout history. Yet, it remains one of the most contentious issues among policymakers and economists. This column
Seeing and hearing is believing: The role of audiovisual communication in shaping inflation expectations
Central banks’ communication strategies are critical in shaping public inflation expectations, especially as inflation remains a pressing global concern. This column provides evidence from a
Non-compete agreements, tacit knowledge, and market imperfections
Removing regulatory barriers to worker mobility such as non-compete agreements can influence worker-level outcomes. This column exploits the changes in the enforceability of non-competes to
Politicians on corporate boards and the cost of public procurement
No country is safe from the risks posed by connections between politicians and private companies; scandals involving conflicts of interest plague governments around the world.
Cross-border shopping: Evidence and welfare implications for Switzerland
Most research examining how the benefits from trade vary across domestic consumers focuses on imports. This column analyses the welfare implications of consumers in Switzerland
Wind of change: Cultural determinants of maternal labour supply
Despite progress in gender equality, significant labour market disparities persist, particularly impacting mothers after childbirth. This column investigates how cultural norms influence women’s labour supply
Balancing act: Credit growth and risks from the ECB’s dividend ban
In March 2020, the ECB recommended that euro area banks temporarily halt dividend distributions to shareholders and suspend share buybacks. As a result, dividends and
