
When travel restrictions became trade frictions: Evidence from Covid-era border closures
Covid travel restrictions limited movement of people but also made cross-border goods trade more difficult. This column uses a

Covid travel restrictions limited movement of people but also made cross-border goods trade more difficult. This column uses a

Retail trade and professional services employ a large share of workers across OECD countries and provide key intermediate inputs

The post-COVID inflation surge was global, but inflation persistence was not. This column argues that the key difference lies

Can policymakers rely on traditional labour market indicators when unemployment, vacancies, wages, and payroll growth appear to send conflicting

Work from home expanded dramatically after the pandemic. This column presents evidence from Italy that this transformation may have

The brokerage raised its benchmark ​index target to 2,000 from 1,850, implying a nearly 12% upside from its last

The US experienced a large immigration surge between 2021 and 2024, which coincided with a period of high and

Europe exports a large surplus of savings outside the continent each year. This column argues that this should not

The search for a European safe asset has generated no shortage of proposals, but these proposals require, from the

Has the rise of industrial policy driven an increase in global current account imbalances? Can tariffs fix them? This

Covid travel restrictions limited movement of people but also made cross-border goods trade more difficult. This column uses a

Retail trade and professional services employ a large share of workers across OECD countries and provide key intermediate inputs

The post-COVID inflation surge was global, but inflation persistence was not. This column argues that the key difference lies

Can policymakers rely on traditional labour market indicators when unemployment, vacancies, wages, and payroll growth appear to send conflicting

Work from home expanded dramatically after the pandemic. This column presents evidence from Italy that this transformation may have

The brokerage raised its benchmark ​index target to 2,000 from 1,850, implying a nearly 12% upside from its last

The US experienced a large immigration surge between 2021 and 2024, which coincided with a period of high and

Europe exports a large surplus of savings outside the continent each year. This column argues that this should not

The search for a European safe asset has generated no shortage of proposals, but these proposals require, from the

Has the rise of industrial policy driven an increase in global current account imbalances? Can tariffs fix them? This




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