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Gender Featured Lifestyle News World

Firms, family-friendly policies, and fertility

Family-friendly policies often aim to make it ‘easier’ to have children, yet little is known about how firms respond to such policies. This column develops a structural model of the labour market and applies it to administrative data from Spain to show that while family-friendly policies that provide job security increase fertility by making motherhood […]

World Featured Finance News trade

Sanctions, trade shocks, and firms’ adjustment margins

The sanctions which followed the 2022 Russian invasion of Ukraine generated a large trade shock for firms trading with Russia. This column examines the short-run response of firms in Latvia – a small open economy with strong pre-war trade ties with Russia. The author finds that firms with lower initial exposure to Russia were the […]

Technology Development Featured Finance

AI in public employment services: Unlocking potential, avoiding pitfalls

Public employment services are rapidly turning to artificial intelligence (AI) to develop a range of sophisticated digital tools. According to a recent survey, half of the public employment agencies in OECD countries have implemented AI solutions such as chatbots that assist with service inquiries, profiling models to assess jobseeker needs, tools that guide job-search strategies, and […]