Gold edges down as investors turn cautious ahead of year-end US data

US Nov non-farm payrolls, unemployment rate data. Gold prices slipped on Tuesday, as investors turned cautious ahead of key U.S. jobs and inflation data, which
Manufacturing work beyond manufacturing industries: Rethinking structural change in Germany

Manufacturing employment in advanced economies is widely viewed as being in long-term decline. Using German administrative data from 1975 to 2019, this column shows that
Dollar choppy as risk-off mood, dovish Fed unsettle markets

The risk selloff petered out somewhat in Europe, however, to leave the euro at $1.1704, steady on the day at a near two-month high, after
The economic value of worker rights in union contracts

Collective bargaining agreements allocate rights and obligations beyond wages and benefits. This column analyses 30,000 Canadian agreements from 1986 to 2015 for non-wage worker rights.
Capital cities lead, while other cities lag in the EU

It is widely assumed that cities are the engines driving national and regional growth. This column analyses productivity dynamics across metropolitan regions in Europe over
After ‘the change’: How menopause affects women’s labour and health outcomes

The labour costs associated with the menopause transition have been largely understudied. Exploiting the individual timing of menopause, this column estimates the causal effects of
The economics of the second Trump administration

As soon as he took office for the second time, Donald Trump made it clear that there would be dramatic changes in US government policy.
The political economy of climate policy: Evidence from the American Clean Energy and Security Act

Comprehensive national climate legislation remains elusive in the US. Linking district-level employment to roll-call behaviour in the 2009 House vote on the American Clean Energy
Raising employment among women and older workers: A policy lever for ageing economies

Declining working-age populations are set to weigh on growth across economies where the European Bank for Reconstruction and Development invests and beyond, with demographic projections
The (un)intended consequences of export restrictions

Export restrictions on industrial raw materials are increasingly used by developing economies to climb value chains. This column explores whether Indonesia’s 2014 ban on nickel

