Gendered change: 150 years of transformation in US hours
The 2023 Nobel Committee awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Claudia Goldin. Among her many contributions is
The digital euro can strengthen financial stability, with limits
The ECB’s Governing Council moved to the preparation phase of the digital euro in October 2023. This column studies the implications of the digital euro
How students, parents, and teachers affect the integration of minorities in the classroom
Integrating ethnic minorities in the classroom enriches the educational environment, but some studies find that it lowers student test scores. This column explores what may
Evaluating the Spring Budget and the UK’s fiscal rules
With his 2024 Spring Budget, UK Chancellor Jeremy Hunt intends to deliver long-term growth through “more investment, more jobs, better public services and lower taxes.”
The economic consequences of geopolitical fragmentation: Evidence from the Cold War
As the world grapples with signs of increasing geopolitical fragmentation, it is important to reflect on the lessons of the past. This column studies the
The return of industrial policies
Industrial policies (government financial and non-financial support to businesses) are increasingly used in advanced economies. This column discusses the pros and cons of such policies,
Sequential contrast effects in hiring and admission interviews
Personal interviews remain at the centre of most recruitment processes. This column examines the impact of ‘contrast effects’ – whereby people evaluate a current choice
Capital in the 21st century: Ownership of the firms producing raw materials
The energy transition will require large quantities of the critical raw materials mined and processed in countries that are geopolitically distant from the EU. This
Europe’s demographic winter and the new EU fiscal rules
The EU recently settled on a revision of its fiscal rules, replacing a system increasingly perceived as ‘one size fits all’ with bespoke guidance based
Changes in global corporate bond markets and dynamics around the investment grade threshold
An extended period of benign funding conditions has changed corporate bond markets globally. This column shows how the investment grade segment has become dominated by
