Deutsche Bank shares scale 6-year high as MS upgrades
Shares in Deutsche Bank climbed to their highest in more than six years on Wednesday, outperforming a weaker banking sector following a Morgan Stanley upgrade
Chinese TikTok sellers complain of under-fire platform tightening US rule enforcement
Chinese e-commerce vendors that want to sell products on TikTok Shop in the U.S. as an alternative to Amazon are upset by moves they say
Svensson on house price overvaluation
Claims from macroprudential authorities about house price overvaluation, for example for Sweden, based on the house price-to-income ratio are often exaggerated. This column argues that
Why digital transactions aren’t a silver bullet for tax compliance: Evidence from Uruguay
Electronic payment technologies have long been hailed as a way to formalise transactions, increase tax compliance, and strengthen state capacity. This column examines the effect
Declining business dynamism in Europe: The role of shocks, market power, and responsiveness
Analysis of business dynamism outside the US has been limited by the availability of comparable cross-country data. This column presents new insights on the trends
The causal effects and policy implications of global supply chain disruptions
Supply chain disruptions cause large macroeconomic adjustments and challenge the effectiveness of stabilisation policies. This column provides a new index of global supply chain disruption,
Uncertainty and change: Survey evidence on firms’ subjective beliefs
Uncertainty can affect firm decisions because it leads to more cautious behaviour and is associated with learning about viability of the business. Based on a
The rise and fall of paper money in Yuan China, 1260–1368
In early-13th century China, the Mongols introduced the silver standard, the first paper money in history to be backed by a precious metal. This column
Empowering adolescents to transform schools: Lessons from behavioural targeting
Though school-based interventions have shown significant success in improving life outcomes for children, interventions targeting adolescents tend to fail when they do not align with
The world’s largest humanitarian cash transfer programme reduces child labour and increases schooling among refugee children
Forced displacement often forces children out of school and into employment at a young age. This disruption in their human capital formation leads to poverty
