
When AI meets local debt
Recent evidence for the US finds that higher AI job postings reduce municipal bond yields, particularly for longer-maturity and

Recent evidence for the US finds that higher AI job postings reduce municipal bond yields, particularly for longer-maturity and

The composition of Western workforces has shifted toward older workers, and this trend is particularly strong at the very

Macroprudential capital buffers are designed to make banking systems safer. This column shows that, at the bank–firm level, they

The outbreak of the Iran war in February 2026 has led to a major disruption to oil trade and

Supporting job seekers looking to change career has become particularly important as economies try to adjust to the digital

In recent years, several high-profile episodes have renewed concerns about central bank independence in practice. This column constructs a

Do geopolitical shocks to supply chains make firms retreat from globalisation? Using new survey data from 1,855 manufacturing firms

Risk associated with broad political changes can be quantified with a globally priced factor common across stocks, bonds and

Achieving sustainable development goals needs blended finance, where public money is used to crowd in larger private capital flows.

When geopolitical crises strike, oil prices often surge, with consequences that extend far beyond energy markets. This column shows

Recent evidence for the US finds that higher AI job postings reduce municipal bond yields, particularly for longer-maturity and

The composition of Western workforces has shifted toward older workers, and this trend is particularly strong at the very

Macroprudential capital buffers are designed to make banking systems safer. This column shows that, at the bank–firm level, they

The outbreak of the Iran war in February 2026 has led to a major disruption to oil trade and

Supporting job seekers looking to change career has become particularly important as economies try to adjust to the digital

In recent years, several high-profile episodes have renewed concerns about central bank independence in practice. This column constructs a

Do geopolitical shocks to supply chains make firms retreat from globalisation? Using new survey data from 1,855 manufacturing firms

Risk associated with broad political changes can be quantified with a globally priced factor common across stocks, bonds and

Achieving sustainable development goals needs blended finance, where public money is used to crowd in larger private capital flows.

When geopolitical crises strike, oil prices often surge, with consequences that extend far beyond energy markets. This column shows




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