The economics of burnout

Recent workforce surveys reveal alarmingly high levels of work-related stress worldwide. Consequently, a significant share of workers experience stress-related occupational illnesses – they burn out.
Low-taxed profit of multinational companies does not only exist in low-tax jurisdictions

The debate over the effective taxation of corporate profit is often focused on the large amounts of profit reported by multinational enterprises in jurisdictions with
Citi bets on Europe despite political uncertainty, regional CEO says

Citigroup is looking to boost its business in Europe despite political instability on the continent spooking investors, the bank’s new head of the region Ignacio Gutierrez-Orrantia
Affordable home ownership can lead to stronger relationships

Marriage has declined as the central organising structure of the American family, and some worry this will increase inequality. This column posits that inequality creates
Benefits of Capital Markets Union: The stock market investors’ view

In the context of the renewal of the European Commission, a new set of priorities aimed at improving the integration of EU capital markets is
Exclusive: Ferrari’s first electric car to cost over $500,000

Ferrari’s first electric car will cost at least 500,000 euros ($535,000), a source familiar with the matter told Reuters, as the luxury automaker prepares to
Stocks boosted by Nvidia rally; dollar steady

Global stocks hit record highs on Wednesday, driven by a rally in tech shares that has made AI chipmaker Nvidia the world’s most valuable company, while
A turning point for monetary policy

Monetary policy measures have an effect on public sector debt management, not only quantitative easing/tightening but also the pattern of interest rate changes. As public
The power of treating inequality as an externality

Many economic models are constructed on the basis of an equity-efficiency trade-off, assuming that equality comes at the cost of efficiency. This column argues that
Power in sovereign debt markets: Explaining the uneven debtor–creditor landscape and its implications

Many developing countries are currently facing debt distress, and sovereign debt restructurings often occur with delays. Emerging market debt composition has shifted away from Paris

