The political origin of financial market dislocations: How an amusement park developer’s illiquidity turned into a credit market crisis
The experience of the UK with the Liz Truss government and its ‘mini budget’ brought to the fore the importance of well-functioning political institutions for
The origins of women’s rights
In 1979, the UN Convention on the Elimination of All Forms of Discrimination against Women set an agenda for expanding women’s rights around the world.
Trade policy and deterring war: The case of Ukraine since the annexation of Crimea
The EU, the UK, and the US have sought in recent months to discourage Russia from sending military forces into Ukraine. Diplomatic missions have been
How Providing Sustainable Finance to More Women Helps Fight Climate Change
Women´s contributions to climate action are severely limited by systems that downplay women´s roles, capacity, and potential. Greater access to sustainable and gender-equitable green finance
Green QE and carbon pricing: Looking at potential tools to fight climate change
While there is broad consensus that carbon pricing (i.e. a carbon tax) is an effective instrument for combatting climate change (Gollier 2021, Golosov et al.
The energy crisis and the German manufacturing sector: Structural change but no broad deindustrialisation to be expected
Historically, despite being high in international comparison, European energy prices did not constitute an insurmountable obstacle to industrial expansion because of the exceptional energy efficiency
Attention and social tariffs: Lessons for the energy crisis
We are living through a period of high inflation, driven by rising energy prices. Price hikes have an uneven impact on society, affecting low-income households
Stabilising financial markets: Lending and market making as a last resort
Starting with the 2007-2009 crisis and continuing with the Covid-19 pandemic, financial markets have faced a series of adverse liquidity shocks. As a result, central
Helping Ukraine is not only crucial for peace in Europe but also for world peace
Western support for Ukraine against the unprovoked aggression by Russia since 24 February 2022 is often presented as a form of solidarity with, or even
Targeting precision medicine: Evidence from prenatal screening
Precision medicine has been widely heralded for its potential to transform both the practice of medicine and the economics of healthcare. Also known as personalised
