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
Labour market institutions for the AI era: The need for verified employment records

The rise of AI fundamentally alters the balance between formal credentials and verified experience in labour markets, but without verified employment records, experience remains invisible.
Conflict in dismissals: Evidence from ‘separations by mutual agreement’ in France

Dismissals are costly and are often subject to stringent employment protection regulations. This column explores how France’s 2008 introduction of separation by mutual agreement affected

