The social cost of carbon under stochastic climate volatility

Uncertainty about climate damages, usually measured by climate damage volatility, has been shown to significantly influence the level of the social cost of carbon. But
Productive and unproductive crises

To many observers, the globalised world seems to be coming apart, with scarcity fuelling deglobalisation and conflict. But to economic historians, concerns about global supply
Exclusive: AI chip startup d-Matrix raises $110 million with backing from Microsoft

Silicon Valley-based artificial intelligence chip startup d-Matrix has raised $110 million from investors that include Microsoft Corp at a time when many chip companies are struggling
Decarbonisation cost shouldn’t fall to consumer, easyJet CEO says

Decarbonisation efforts in the aviation sector will cost more money, but that cost should not fall to the consumer, easyJet Chief Executive Johan Lundgren said
German suppliers welcome Chinese EV makers’ European plans

While Western carmakers look warily upon the European expansion plans of Chinese electric vehicle makers, major German auto suppliers are eager to expand on existing
Making sense of the European Commission’s fiscal governance reform plan

1 Introduction In April 2023, the European Commission published long-awaited proposals on reform of European Union fiscal governance – the system for monitoring the budgetary
From glass ceilings to concrete walls: Exploring gender disparities in urban property ownership, wealth, and taxation

In vibrant cities with promises of economic prosperity, it’s easy to assume progress has touched everyone equally. However, a closer look reveals that urban landscapes
How the 1918 influenza pandemic affected voting in the Weimar Republic

Over the last three years, the Covid-19 pandemic has influenced the political debate and elections across the globe. This column seeks to broaden the debate
Loquacity and visible emotion: ChatGPT as a policy adviser

Can ChatGPT really outperform humans in complex, creative, tacit-knowledge writing tasks? This column asks the app to compose a policy brief for the Board of
Huawei’s new chip breakthrough likely to trigger closer US scrutiny, analysts say

Huawei Technologies’ breakthrough in making an advanced chip underscores China’s determination and capacity for fighting back against U.S. sanctions, but the efforts are likely very

