The speed of firm response to inflation
Firm inflation expectations are a key driver of future price growth. This column uses a large economy-wide business survey to understand the response of firms
The green transition and public finances: Balancing climate mitigation and fiscal sustainability
The need to mitigate climate change has never been more urgent. Governments play a critical role in the green transition, through green public investment, subsidies,
Enhancing mothers’ employment quality through longer school schedules: Lessons from Chile
Working mothers often face lower wages, fewer formal contracts, and less job security than their male counterparts, a disparity that is exacerbated by traditional gender
Heterogeneity in gender differences in willingness to guess
Multiple-choice tests are widely used to evaluate job candidates, but attitudes towards risk can influence gender differences in test performance. This column analyses data from
Software’s impact on labour’s income share: New evidence
The declining labour share of income in advanced economies is an important topic for policymakers. This column studies how different types of capital interact with
Why the stock market has risen so much
If you invested one dollar in the post-war years in a diversified portfolio of all publicly traded firms, by 1980 you would have seen a
Household inflation expectations: Taking stock of the recent research insights for monetary policy
Household inflation expectations feature prominently in current central bank policy discussions. This column summarises key insights from the recent literature on household inflation expectations for
Right to work part-time increases mothers’ labour income
Flexible working time arrangements can help parents reconcile family and work commitments. This column examines the impact of the statutory right to work part-time on
Censorship to defend democracy
The spread of propaganda, misinformation, and biased narratives, especially on social media, is a growing concern in many democracies. This column explores the EU ban
Voluntary emission restraints in developing economies: The limited role of trade policy
As the fight against climate change intensifies, governments are exploring all available policy tools, including trade policy. But does it actually help? This column examines
