Why liquidity evaporates when it is most needed
A common feature of flash crash episodes in financial markets is that liquidity vanishes precisely when it is most needed. This column argues that this
Using global shocks as a laboratory to study executive pay
It is often claimed that executives reap rewards from favourable market tailwinds they did nothing to create. This column uses two decades of Danish data
When privacy protects but excludes: The hidden costs of data restrictions in digital lending
Privacy regulations empower consumers, but they can also cut off credit for the populations that digital lenders were built to serve. Using application-level data on
Challenging inequalities: How we got stuck and where we go next
In many advanced economies, including the UK, progress towards a fairer society appears to have stalled. Deep structural forces – including weak earnings growth, rising
Gold slips on inflation concerns as high oil prices and stronger dollar weigh
Brent crude oil climbs back above $100 a barrel. Gold prices fell on Thursday, pressured by a stronger dollar and elevated oil prices that stoked
Iran war impact seeps ever deeper into global economy
The global economy is facing ever more tangible strains from the energy shock. The global economy is facing ever more tangible strains from the energy
Dollar holds firm as angst over Iran-US stand-off drives safe-haven demand
Oil prices move above $100 as Iran-U.S. tensions escalate. The dollar was headed for its first weekly rise in a month on Thursday, as a
Women’s digital literacy: Unlocking opportunity
When Ry started working at a garment factory in Cambodia, she never imagined she would one day be teaching her colleagues how to use digital tools. But when the factory introduced
Why smarter logistics are essential for trade, growth, and jobs
In today’s global economy, competitiveness depends as much on how goods move across and within borders as what countries produce. When goods move faster and more
Inside the PIP Innovation Hub: bridging the survey–national accounts gap to capture the missing rich
Recently, the PIP Innovation Hub was added to the Poverty and Inequality Platform (PIP) as a way to showcase experimental work on poverty and inequality measurement. One of the Deep Dive approaches presented in the Innovation
