The effect of energy prices on households’ and firms’ inflation expectations
Energy prices have played an important role in the recent surge in inflation. This column analyses the relationship between energy price shocks and inflation expectations
The effect of productivity growth on within-firm inequality
Wage inequality has increased dramatically in the US since the 1970s, largely driven by within-firm earnings inequality. This column uses combined data from three large
Vaccine hesitancy may have historical roots: Evidence from Germany
Vaccine hesitancy continues to pose a challenge not only for low- and middle-income countries, but also for many high-income countries, many of which are confronted
Drivers of investors’ portfolio choices: Separating risk preferences from frictions
Why don’t more households participate in the stock market? The two reasons often cited in the literature are risk aversion and frictions that prevent participation,
Carbon pricing and inflation volatility
Carbon pricing initiatives, in the form of carbon taxes or emissions trading systems, have mushroomed in the last two decades, providing an opportunity to better
Bitcoin drops 7.8% to below $60,000
Bitcoin dropped 7.8% to $59,215 at 8:50 pm GMT on June 24.
UBS completes merger of Swiss business with Credit Suisse
Swiss bank UBS has completed the merger of its domestic unit with Credit Suisse’s operations in its home market, the bank said on Monday, adding that
The new curse of critical minerals
A race is raging among global powers to secure access to critical minerals to power the simultaneous energy and digital transitions the world is experiencing.
Lessons from history: How removing barriers to knowledge can spur innovation
At the end of the 19th century in Italy, books and manuscripts were transferred from monasteries to public libraries, making much of the knowledge safeguarded
Educational scarring and the cost of business cycles
Policies aimed at reducing economic fluctuations primarily focus on disruptive recessions, but booms may also have hidden costs. A rise in wages increases the opportunity
