The 2024 reform of the EU’s Stability and Growth Pact introduced medium-term expenditure paths as the centrepiece of a
A central motivation behind pension reforms over the past three decades has been to strengthen the link between social
Blockchain was launched amid the global financial crisis with the goal of decentralising money and payments, to avoid the
In a cost-of-living shock, households must cope with lower purchasing power while also substituting away from goods whose prices
Business cycles in advanced economies are increasingly driven by global rather than domestic shocks. This column shows that global
How did Brexit impact the UK labour market? This column uses synthetic differences-in-differences to estimate how Brexit changed the
The relationship between inflation and economic slack, shown by the Phillips curve, has long been a cornerstone of economic
Government bonds are widely viewed as safe assets, especially in times of recession and financial crisis. This column presents
Bank balance sheets have undergone a significant transformation. This column finds that banks have increasingly reallocated lending towards non-bank
A number of concerns have been raised regarding retail central bank digital currency. These range from competition and innovation,
The 2024 reform of the EU’s Stability and Growth Pact introduced medium-term expenditure paths as the centrepiece of a
A central motivation behind pension reforms over the past three decades has been to strengthen the link between social
Blockchain was launched amid the global financial crisis with the goal of decentralising money and payments, to avoid the
In a cost-of-living shock, households must cope with lower purchasing power while also substituting away from goods whose prices
Business cycles in advanced economies are increasingly driven by global rather than domestic shocks. This column shows that global
How did Brexit impact the UK labour market? This column uses synthetic differences-in-differences to estimate how Brexit changed the
The relationship between inflation and economic slack, shown by the Phillips curve, has long been a cornerstone of economic
Government bonds are widely viewed as safe assets, especially in times of recession and financial crisis. This column presents
Bank balance sheets have undergone a significant transformation. This column finds that banks have increasingly reallocated lending towards non-bank
A number of concerns have been raised regarding retail central bank digital currency. These range from competition and innovation,
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