China exports and spillover disinflation: Three scenarios

China is experiencing high credit growth in its manufacturing sector, the prices of its exports are falling, and its global export share in goods has
Using nudges to improve food choices

Overweight and obesity have risen dramatically in recent decades in both developed and developing countries. Numerous policies have been developed to help curb this increase.
Artificial bugs for enhanced cybersecurity

One-fifth of all cyberattacks target the financial sector, a share that is widely expected to rise. As cyberattacks become more frequent, the quantification and measurement
Layoffs, retirement, and post-pandemic inflation

The Covid-19 lockdowns and other anti-pandemic measures triggered a surge in layoffs and discharges. This column investigates the impact of these layoffs on the post-pandemic
New index tracks financial stress across the globe

Episodes of high financial stress have occurred both globally and in specific countries over the past six decades. This column introduces a new quarterly financial
Fiscal consequences of central bank losses

Central banks engaged in large-scale asset purchase programmes during and after the global financial crisis as well as during the COVID-18 pandemic, significantly increasing the
Regime changes and FDI: A tale of two countries

In the wake of recent political shifts, democratic institutions are being eroded, giving way to a consolidation of governmental power through autocratic means. This column
How geography shapes trade and finance: The legacy of Philippe Martin’s ideas

Philippe Martin, who passed away in December 2023, was an outstanding economist who will be sorely missed, not only by the profession itself – in
Union ‘effects’ on hourly and weekly wages: A half-century perspective

Union membership across the developed world has been falling for decades. This column uses data on wages and hours worked in the US over the
The new operating procedures of the Bank of England: A bonanza for the banks

In their fight against inflation, central banks have raised interest rates dramatically by raising the rates of remuneration of bank reserves. When central banks pay

