Trends and inequality in lifetime earnings in France
Sharp increases in earnings and income inequality in the late 20th century generated heated policy debates and academic enquiry into the causes of distributional change.
Transmission of interest rate hikes depends on the level of central bank reserves held by banks
Banks with substantial central bank reserves are earning income from their reserve holdings in the ECB’s recent rate hiking cycle. This column uses new data
Canada, Google strike deal to keep news in search results
Canada and Google have reached a deal to keep news stories in search results and for the internet giant to pay C$100 million ($73.6 million)
Fintech firm SoFi set to exit cryptocurrency business
Financial technology firm SoFi Technologies is set to exit the cryptocurrency business and has given its customers the option to migrate to UK-based Blockchain.com, the companies
Microsoft to take non-voting, observer position on OpenAI’s board
Microsoft will take a non-voting, observer position on OpenAI’s board, CEO Sam Altman said in his first official missive after taking back the reins of
What happens at a COP climate summit?
Imagine a massive industry expo with the drama of a dozen simultaneous political conferences, a few flashes of impassioned protest and the occasional crowd crush
Distributional consequences of technology shocks through labour reallocation
The role of worker and job reallocation in an economy’s response to shocks and their impact on inequality is crucial, but less attention was paid
The environmental impact of housing and heating
Housing is a major component of energy consumption, yet residential emissions have typically received less policy attention than emissions from industry or transportation. This column
Sam Altman to return as OpenAI CEO after his tumultuous ouster
Sam Altman is returning as CEO of OpenAI just days after his ouster, capping frenzied discussions about the future of the startup at the center
Greek economy seen growing by 2.9% next year on strong investment
Greece expects its economy to grow faster in 2024 on the back of strong projected tourist inflows, higher investment and domestic demand, the government’s 2024
