Grants to women-owned businesses: when what’s for her does not stay with her
What explains why grants to women-owned microenterprises often fail to yield improvements in business outcomes, especially as compared to grants to men’s microenterprises? This is
From battlefield to market: How disruptions in Ukraine affected grain price trends
Commodity price spikes at the outset of Russia’s full-scale invasion of Ukraine contributed significantly to global inflation in 2022-23, which caught many policymakers off guard
Fentanyl: The transnational vector of violence
Since 2013, synthetic opioid overdoses have surged in the US, claiming over 70,000 lives each year. This crisis has had international spillovers, reigniting drug-related violence
Understanding the impact of private equity on employees
The growth of the private equity in recent years has raised concerns about its consequences. This column matches 2.5 million workers who were employed by
Hiroshima: Resilience of city structure after the atomic bombing
Cities have faced a host of shocks throughout history, including earthquakes, hurricanes, coastal flooding, and storm surges, as well as wartime destruction, such as in
Fiscal stagnation
Public debt-to-GDP ratios have climbed to historic highs in most advanced economies. This column studies the connection between productivity growth, fiscal policy, and public debt.
When illusions of wealth shape the economy: Understanding pseudo-wealth, macroeconomic volatility, and social welfare
Pseudo-wealth is a perception of wealth that is not backed by real economic resources. When people have widely different beliefs, they create ‘wealth’ through betting.
Effects of monetary policy on labour income: The role of the employer
How do monetary policy shocks affect workers’ wages and employment? This column looks at the role that firms play in determining the wage and employment
