China’s accession to the WTO increased pollution via coal powerplants, not exporters or their suppliers and consumers
As countries consider trade deals to foster development, the question of how trade impacts pollution keeps resurfacing. This column examines how China’s rapid entry into
AI, productivity, and work: Evidence from US firms
Real-time evidence from users can inform the current policy debates around artificial intelligence. This column reports on a survey of executives at typical US firms
Less focus on poverty reduction? An evaluation of the EU 2028-2034 development aid plan
European Union development aid is emphasising poverty reduction less and directing attention to other geopolitical priorities. As part of the planned European Union budget for
The impact of the US exit from free trade on trade cooperation elsewhere in the world
The large US tariffs announced in April 2025 led other countries to debate the best policy response. This column uses a multi-country model to study
Measuring organisational capital from employee reviews
The way firms coordinate activities, motivate employees, accumulate knowledge, and adapt to changing environments evolves gradually over time, and is shaped by managerial decisions. This
When central banks over-deliver, markets listen differently
Financial markets pay close attention to monetary policy, and surprise policy decisions can strongly affect asset prices and the real economy. This column shows that
The impact of global versus regional energy shocks on the EU
Not all energy shocks are alike. This column uses a multi-country, multi-sector DSGE model with production networks and trade linkages to compare a Europe-centric regional
Regulating platform work where informality matters: The Chilean case
Chile’s 2022 Platform Work Law was the first reform to address concerns about independent contractors of platform delivery and transportation services, a sector in which
China shock 2.0 and the euro area: Cheaper imports, tougher competition
Chinese goods exports have expanded sharply since 2020, with Chinese firms increasingly competing in advanced manufacturing and technology sectors. This column shows that the dominant
One office day a month boosts remote team performance
Remote work has become a permanent feature of labour markets. But the question remains how to balance the benefits of remote work with the workplace
