Macroeconomic models distinguish time-dependent pricing, where firms change prices at fixed intervals, from state-dependent pricing, where firms change prices
Attending the World Economic Forum in Davos is costly, with estimates ranging between $20,000 and $70,000 per delegate. This
In many developing countries, productive firms remain too small, while less productive firms are too large. Such misallocation contributes
Climate change is increasingly shaping macro-fiscal outlooks. Extreme weather events, chronic damages from global warming, and decarbonisation efforts all
The post‑pandemic inflation surge is often attributed to pent-up demand and opportunistic price hikes by firms. This column argues
Diversification has kept global trade strong, despite Trump’s tariffs and accelerated US-China decoupling. One of the main ways in
The question of whether Europe’s $12.6 trillion holdings of US assets be used as leverage if relations with Washington
European firms tend to be smaller and less productive than US firms. Qualitative and survey-based evidence suggests that one
During the recent tightening and easing cycle, the aggregate bank lending rate to firms in the euro area increased
A central concern in the climate policy debate is whether ambitious mitigation efforts simply shift emissions abroad. This column
Macroeconomic models distinguish time-dependent pricing, where firms change prices at fixed intervals, from state-dependent pricing, where firms change prices
Attending the World Economic Forum in Davos is costly, with estimates ranging between $20,000 and $70,000 per delegate. This
In many developing countries, productive firms remain too small, while less productive firms are too large. Such misallocation contributes
Climate change is increasingly shaping macro-fiscal outlooks. Extreme weather events, chronic damages from global warming, and decarbonisation efforts all
The post‑pandemic inflation surge is often attributed to pent-up demand and opportunistic price hikes by firms. This column argues
Diversification has kept global trade strong, despite Trump’s tariffs and accelerated US-China decoupling. One of the main ways in
The question of whether Europe’s $12.6 trillion holdings of US assets be used as leverage if relations with Washington
European firms tend to be smaller and less productive than US firms. Qualitative and survey-based evidence suggests that one
During the recent tightening and easing cycle, the aggregate bank lending rate to firms in the euro area increased
A central concern in the climate policy debate is whether ambitious mitigation efforts simply shift emissions abroad. This column
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