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Global Business and Finance Magazine > Blog
Economy Featured Technology World

Spooky boundaries at a distance: Inductive bias, dynamic models, and behavioural macro

When analysing short-term dynamics in economic models, it is essential to consider long-run conditions that shape forward-looking behaviour. However, enforcing long-run boundary conditions complicates solving dynamic models, particularly high-dimensional ones. This column shows that machine learning, in particular deep learning, can satisfy these conditions without explicit enforcements, allowing for global solutions in many models of […]

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Economy Business Featured World

Estimating local GDP everywhere

Local GDP measures are crucial for economic research but are often unreliable or unavailable, particularly in developing countries. Meanwhile, traditional proxies like nightlights have limitations. This column uses a variety of remote sensing and emissions data to estimate local GDP using machine learning. The estimates successfully portray the cross-section and dynamics of local GDP well, […]

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Education Economy Featured World

Socioeconomic status and graduate education: Unequal choices, unequal outcomes

Large disparities by socioeconomic status in educational attainment and the likelihood of obtaining a university degree have been widely studied, increasingly with a focus on the types of undergraduate programmes that students pursue. This column explores instead how socioeconomic status affects the choice of graduate degree in Ireland and the impact this has on earnings […]

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Finance Business Featured World

Sustainability rules are not a block on EU defence financing, but reputational fears are

The European Commission’s ReArm Europe plan, published on 5 March, aims to trigger €800 billion in defence investments over four years. European Union money would be limited to €150 billion in the form of loans and the plan hinges on increasing military spending by national governments and “mobilising private capital” 1  But without clarification on the acceptability of […]

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Technology Business Featured Finance

Reinforcing EU merger control against the risks of acquisitions by big tech

Since 2000, online platforms that are now within the scope of the European Union’s Digital Markets Act (DMA), have bought nearly 700 small, promising companies worldwide. However, only 19 of their attempted acquisitions were notified to the European Commission, the authority exercising merger control over deals with a substantive EU connection. In the other cases, […]

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Innovation Featured Productivity World

The price of power: Why rising markups hurt innovation and widen inequality

Over the past four decades, the US has seen rising market power, slowing productivity growth, and deepening wealth inequality. This column explores how declining competition may be the common culprit. Weak competition lets dominant firms raise prices, suppress wages, and stifle innovation, thereby slowing economic growth. Meanwhile, higher asset returns benefit the wealthy, widening inequality […]

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Banking Economy Featured Politics

Central bank communication in a polarised world

In an era of increasing political polarisation, public trust in institutions like the US Federal Reserve has become a contentious issue. This column shows that individuals who believe the Fed shares their political commitments report higher trust, lower inflation expectations, and greater independence. Conversely, those who see the Fed as biased exhibit scepticism and higher […]

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Economy Banking Featured News

Spain economy set to grow 2.7% in 2025, buoyed by private consumption, central bank says

The Bank of Spain said on Tuesday that it expects the country’s economy to expand by a strong 2.7% this year, up from the 2.5% forecast in its previous quarterly update, thanks to soaring private consumption, in contrast with the rest of the euro zone. The bank attributed the increase to recent growth data published […]

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Technology Business Featured Finance

EU seeks feedback on looser state aid rules to spur clean tech projects

European Union state aid regulators are seeking feedback from member countries on looser rules allowing governments to give grants and other financial incentives for clean technology projects and businesses to reduce their carbon footprint. The easier rules, which are expected to be adopted in June and be valid until 2030, aim to boost EU companies […]

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Technology Business Economy Featured

Deutsche Boerse’s Clearstream to offer bitcoin and ether custody services

 Germany’s Deutsche Boerse will offer cryptocurrency custody and settlement services for institutional clients from next month, the company said on Tuesday, becoming the latest firm to offer custody management for bitcoin and ether. The service aims to allow crypto trading from various trading venues to be settled and held in Clearstream, Deutsche Boerse’s settlement business. It […]

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