The US is in worse fiscal shape than Italy

By the standard debt-to-GDP measure, the US is in somewhat better fiscal shape than Italy, but this excludes the present value of myriad off-the-books obligations.
EU data processing consent reform must account for market incentives

Proposed streamlining of EU rules on consent for processing of personal data should account for how digital-market incentives shape implementation. Giving consent online in Europe:
The European Union needs more than the digital omnibus to make digital services competitive

European Commission plans to streamline digital rules introduce new inconsistences and fall far short of transformative reform. The European Commission’s digital and artificial intelligence omnibus
The economic value of worker rights in union contracts

Collective bargaining agreements allocate rights and obligations beyond wages and benefits. This column analyses 30,000 Canadian agreements from 1986 to 2015 for non-wage worker rights.
Simplification without disempowerment: Rethinking the Digital Omnibus Regulation

The European Commission’s Digital Omnibus Regulation Proposal represents a major attempt to streamline and rationalise Europe’s increasingly complex digital regulatory landscape. This column argues, however,
The narrowing path: Trade and development in a new era

For decades, international trade has been a powerful engine of development. Countries like South Korea and China achieved remarkable transformations – moving from low-income agricultural
Capital cities lead, while other cities lag in the EU

It is widely assumed that cities are the engines driving national and regional growth. This column analyses productivity dynamics across metropolitan regions in Europe over
After ‘the change’: How menopause affects women’s labour and health outcomes

The labour costs associated with the menopause transition have been largely understudied. Exploiting the individual timing of menopause, this column estimates the causal effects of
Wealth shocks tilt the balance toward self-insurance for long-term care

When older adults need paid long-term care, most rely on their own assets unless they hold private long-term care insurance or qualify for Medicaid. This
US-Japanese knowledge transfer programme in the aftermath of WWII

Following WWII, Japan experienced three decades of rapid productivity growth and convergence with the US. This column studies the Japanese Productivity Program, a joint US-Japanese

