Pupin Marini is a mother of one. After her child was born, she would have liked to continue her career as a marketing staff in the media sector for greater personal growth and to bring more income to the family. However, like millions of women with small children in Indonesia, Pupin had little choice but to stay […]
Electronic devices enable innovations in survey design, such as questionnaires that adapt to responses. Our recently published working paper describes the method and results in more detail, leveraging the potential to create a new survey-based tool for determining household eligibility for social assistance benefits. Around 40 percent of households in Indonesia receive regular social assistance programs. Besides […]
Recently, there has been a growing interest in long-term savings institutions such as pension and insurance funds. This is due to the significant growth in their assets and the potential impact they may have on the proper functioning of markets (Liao and Zhang 2020, Borio et al. 2022). For instance, an OECD report shows that […]
The Global Crisis rekindled a discussion that has absorbed macroeconomists and policymakers for decades. In the aftermath of major economic downturns, economic activity does not return to its pre-crisis trend. In other words, major downturns leave ‘scars’ – a catchy expression for negative supply-side effects. Blanchard et al. (2015), Ball (2014), Martin et al. (2015) […]
Was Europe’s rise to riches built on the blood, sweat, toil, and death of enslaved people? Europeans enslaved millions of men and women on the African continent during their colonisation of the Americas. Those who survived the transatlantic voyage were forced to labour on sugar, tobacco, cotton, and coffee plantations in the Caribbean and in […]
The economic sanctions that the US and the EU have imposed as response to Russia’s 2022 invasion of Ukraine have transformed the Russian oligarchical model to resemble the close-knit family-run business holdings present for many decades in East Asia (Berner et al 2022, Ongena et al 2022, Evenett and Pisani 2022, Mahlstein et al. 2022, […]
Air pollution is one of the most pressing global challenges that affects lives worldwide. In many countries, severe air pollution is still one of the most crucial burdens of economic development (Jayachandran 2009, Greenstone and Hanna 2014, Chen et al. 2013, Greenstone and Jack 2015, Jack 2017, Ito and Zhang 2020, Khanna et al. 2021, […]
Rising inflation rates and an overheating economy as the US economy recovered from the COVID-19 pandemic in 2021 and early 2022 shattered the popular belief that central banks had vanquished inflationary pressures for good and raised concerns about the economy re-entering an environment much like that of the 1970s. Indeed, there are some eerie parallels. […]
Land represents the primary source of income and wealth in many agricultural economies. Land inequality is negatively correlated with long-run economic growth (Deininger and Squire 1998) and associated with political and social inequality (Frankema 2010). Moreover, because land is often transferred from one generation to the next, land inequality tends to persist over time. It […]
Due to the economic importance of coastal areas, the insurance industry can contribute significantly to their protection. Under current greenhouse gas emissions scenarios, mean sea level could rise by more than one meter by 2100, resulting in flooding of coastal areas that are critical to human life and the planet. These areas are trade and […]
