Monetary policy under multiple financing constraints

A longstanding puzzle in monetary economics is that policy tightening has stronger effects than easing. This column shows that the multiplicity of financing constraints notably
Investing in the future: ensuring women-led small businesses can thrive

When we picture engines of economic growth and job creation, we tend to think of large multinational companies and global brands. Yet, in emerging and
AI, productivity, and work: Evidence from US firms

Real-time evidence from users can inform the current policy debates around artificial intelligence. This column reports on a survey of executives at typical US firms
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
Closing the skills gap: why industry must help lead the way

The global economy is changing at extraordinary speed, and education and training systems are struggling to keep up. Artificial intelligence is transforming jobs almost overnight.
Making AI work: From promise to practice

AI is here. Over 3 billion people globally use generative AI (genAI) like ChatGPT or Baidu’s Erni Bot monthly. AI helped researchers discover new proteins (and get
The transatlantic divide in labour’s share of income

Across advanced economies, workers have been receiving a smaller share of national incomes. This column compares the evolution of labour’s share of income in Europe
Understanding spatial barriers to jobs and much more with GeoE3

Access to jobs is influenced by where people live and the conditions that surround them. Spatial factors such as infrastructure, safety, and exposure to natural
How UK firms are responding to the war in Iran: Early evidence from the Decision Maker Panel

The conflict in the Middle East has pushed energy prices sharply higher, but the implications for UK inflation will depend on the scale and duration
Connecting job seekers with buddies online

Supporting job seekers looking to change career has become particularly important as economies try to adjust to the digital and green transitions. This column reports

