Tax policy considerations for the circular economy

EU fiscal systems still favour linear production, as virgin extraction stays largely unpriced and labour-intensive repair is penalised. About 88 percent of materials are thrown
The quality of capital allocation in Europe

Europe’s investment debate tends to ask how much capital can be mobilised and how quickly. Allocation quality also depends on who receives capital and on
Why we spend so much time in meetings

Few features of modern work are as widely criticised as meetings. Using data from over 9,000 workers in Norway, this column examines how meetings are
New evidence of strong but slow portfolio responses to equity premium changes

Standard portfolio theory predicts strong investor responses to changes in the equity premium, but empirical evidence has found much lower sensitivity. This column studies the
Beyond exposure: Predicting AI adoption based on comparative advantage

Predictions about the workplace impact of artificial intelligence often begin with what the technology can do captured by occupations’ exposure to AI. Using representative data
How data and evidence can make anticorruption reforms more inclusive

In Latin America and the Caribbean (LAC), one in five people report experiencing or knowing of sextortion — the exchange of sex, rather than money,
The EU’s Recovery and Resilience Facility: Experience and lessons for the next multiannual financial framework

The EU’s Recovery and Resilience Facility has become a central test case for performance-based fiscal policy. Its experience offers lessons for the design of the
The economic footprint of Europe’s defence build-up

Defence policy is usually discussed as a national security issue, but its economic effects are often highly local. This column presents new evidence from 1,011
Regulating platform work where informality matters: The Chilean case

Chile’s 2022 Platform Work Law was the first reform to address concerns about independent contractors of platform delivery and transportation services, a sector in which
Prevention at birth: Birthright citizenship reduces youth crime

When youth crime draws public attention, policymakers typically call for tougher policing and harsher sanctions, overlooking the crime-reducing benefits of early prevention – investments in

