An alliance for open trade: How to counter Trump’s tariffs
The US administration’s latest threat to impose sweeping new tariffs on many of its closest allies signals a renewed embrace of aggressive unilateralism and misunderstood
The impact of the 2025 US tariff announcements on UK firms
In the first half of 2025, the US and some of its trading partners announced significant changes to import tariffs. This column uses newly designed
The (projected) cost of Russian aggression
The 2022 Russian invasion of Ukraine marked an end to stability in Europe. This column analyses the economic effects for Ukraine, Russia, as well as
Firms, family-friendly policies, and fertility
Family-friendly policies often aim to make it ‘easier’ to have children, yet little is known about how firms respond to such policies. This column develops
Macroprudential policy for banks: Build the countercyclical capital buffer when there is headroom for doing so
Numerous central banks started to build the countercyclical capital buffer as bank profitability began to soar during the recent tightening cycle. Recent evidence suggests that
Bhutan & Singapore: Advancing Carbon Market Innovation through Partnership
Asia’s rise as a global carbon trading hub is grounded in its strong financial infrastructure, forward-looking regulatory environment, and commitment to environmental innovation. As a
My practical tips for designing and analyzing powerful experiments
I have a new paper coming out in a symposium on power calculations in the journal Fiscal Studies, which puts together my tips for applied researchers on designing
World Hepatitis Day: What the data reveal about global gaps in immunization
An estimated 254 million people (approximately 3 in 100) lived with chronic hepatitis B in 2022, a virus which causes inflammation of the liver and
From crisis to action: Mobilizing tools for rapid response and lasting resilience
Over the past year, I’ve seen a growing interest in, and a stronger demand for, better tools to prepare for and respond to crises. Our
Trade’s emissions paradox: What it means for developing countries
International trade plays a complex role in shaping environmental outcomes. A new World Bank paper, “Trade’s Emissions Paradox: Cutting Greenhouse Gases, Raising Air Pollution,” prepared
