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trade Business Featured News World

Why some countries win in world trade: Unpacking export competitiveness

Global export competitiveness is rapidly evolving. This column presents a novel granular decomposition of export market share changes into demand and supply effects. Applied to Germany, it reveals steep supply‑side losses in medium-/high‑tech and energy‑intensive goods driving recent market share declines. Meanwhile, China continues to gain competitiveness in medium-/high‑tech exports, even as adverse demand pulls […]

Education Employment Featured World

Revisiting the consequences of job displacement

Decades of research have confirmed that job displacement causes significant and persistent earnings losses. This column presents new evidence from workers displaced during firm closures in West Germany between 2000 and 2005 which suggests that these losses are in fact much more heterogeneous than previously documented, and that the large average losses documented in previous […]

Energy Featured News Technology World

Home charging and plug-in hybrid electric vehicles: A strategy for real-world emissions reductions

Plug-in hybrid electric vehicles can use either fossil fuels or electricity and offer potential emission reductions, depending on the driver’s usage. This column examines how access to charging at home influences the share of driving that employees with company cars in Germany do using electricity. Access to home charging reduces the users’ fossil fuel consumption […]

Economy Featured Finance News World

Geopolitical risks and the effectiveness of the EU cohesion policy

Geopolitical issues are flooding current political and economic debate, but evidence is limited on their interplay with structural policies. Combining information on geopolitical risks and the EU cohesion policy, this column evaluates the costs of geopolitical tensions in terms of reduced effectiveness of structural funds. The results indicate that the impact of the cohesion policy […]