Climate action: How can EU countries unlock the potential of railways?
Western Europe boasts some of the world’s densest and most efficient railways. The high-speed rail networks of Germany, France, Italy, and Spain are generally considered
Bitcoin hits record above $71,000 as demand frenzy intensifies
Bitcoin hit a record high on Monday above $71,000, as the surge in the biggest cryptocurrency showed no signs of slowing down. Britain’s financial watchdog
Employment dynamics across firms during COVID-19: The role of job retention schemes
Governments around the world implemented widespread business support during the COVID-19 pandemic. The measures may have affected employment dynamics and reallocation, with potential consequences for
Beyond rejection: Exploring gender differences in academic resilience
Underrepresentation of women in high-profile career positions has impacts on the labour market and public policies. This column documents gender inequalities in academia, based on
Banks’ responses to trade uncertainty
The past few years have seen a significant rise in economic uncertainty. However, how financial intermediaries shape the effects of uncertainty on the economy has
The heterogeneous impact of inflation on households’ balance sheets
Surprise inflation impacts households’ balance sheets through several channels. This column presents the three key channels – wealth, income, and consumption – and quantifies them
Road traffic flow and air pollution concentrations: Evidence from Japan
Major cities around the world have introduced various policies to reduce or manage road traffic flows, but the extent of their pollution-reducing effects remains unclear.
Taxing the wealthy: The choice between wealth and capital income taxation
Taxing the wealthy effectively and equitably presents a choice between wealth and capital income taxes, each with its own trade-offs. This column compares the effectiveness
Forging a sustainable future together: The report of the High-Level Group on the Future of Cohesion Policy
Cohesion Policy is the main instrument of the EU’s commitment to shared prosperity. A new report from the High-Level Group on the Future of Cohesion
Global supply chain pressures, inflation, and implications for monetary policy
The Covid-19 pandemic led to a significant increase in global supply chain pressures. This column studies the impact of these supply disruptions on euro area
