The recent surge in inflation has led to a significant increase in the frequency of price changes. This column
The fight against inflation has largely been won in the euro area, after a sharp but short-lived inflation episode
It is down more than 4% on both the euro and the yen through April, though bounced at the
In recent years, banks’ credit line exposure to non-bank financial institutions has grown significantly. This column analyses the implications
Until the late 19th century, states raised most of their government revenues from import tariffs. This column asks whether
In higher-income countries, urban proximity has been shown to enhance workers’ skills and income, but less is known about
Extractive taxation is considered one of the main causes of the French Revolution. This column exploits regional variations in
In the past decade, China has become the largest creditor to developing countries, surpassing the IMF, World Bank, and
The recent global rise in prices has renewed interest in the distributional effects of the Fisherian debt-inflation channel, and
Safe assets are the building blocks of modern financial markets. This column examines the sectoral dynamics of safe assets
The recent surge in inflation has led to a significant increase in the frequency of price changes. This column
The fight against inflation has largely been won in the euro area, after a sharp but short-lived inflation episode
It is down more than 4% on both the euro and the yen through April, though bounced at the
In recent years, banks’ credit line exposure to non-bank financial institutions has grown significantly. This column analyses the implications
Until the late 19th century, states raised most of their government revenues from import tariffs. This column asks whether
In higher-income countries, urban proximity has been shown to enhance workers’ skills and income, but less is known about
Extractive taxation is considered one of the main causes of the French Revolution. This column exploits regional variations in
In the past decade, China has become the largest creditor to developing countries, surpassing the IMF, World Bank, and
The recent global rise in prices has renewed interest in the distributional effects of the Fisherian debt-inflation channel, and
Safe assets are the building blocks of modern financial markets. This column examines the sectoral dynamics of safe assets
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