Tax policy considerations for the circular economy
EU fiscal systems still favour linear production, as virgin extraction stays largely unpriced and labour-intensive repair is penalised. About 88 percent of materials are thrown
Productive firms can better spot and deploy their internal talent
When a job vacancy opens, the manager faces a choice: to hire from outside the organisation, or to fill the position with an existing employee
New jobs in 140 years of data: Why the AI displacement fear is overstated — and what to worry about instead
Forecasts of AI-driven job destruction rest on counting automatable tasks. But labour markets hire, pay, and fire whole occupations, not tasks – and occupations have
Beyond exposure: Predicting AI adoption based on comparative advantage
Predictions about the workplace impact of artificial intelligence often begin with what the technology can do captured by occupations’ exposure to AI. Using representative data
The Inflation Reduction Act’s regional incentives promoted green investment, but did not create jobs
The US Inflation Reduction Act’s Energy Communities provisions aimed to increase clean-energy investment in areas vulnerable to the energy transition, create jobs, and build political
AI’s gains are large and rising, but unevenly shared
How large is the labour cost saved by AI, and how is it distributed across occupations? Using five waves of the Anthropic Economic Index from
Technology adoption and labour shortages: Evidence from Britain’s Industrial Revolution
As populations in rich countries age and fewer youngsters enter the labour force, employers and politicians bemoan labour ‘shortages’. This column turns to historical evidence
Regulation and growth reloaded: Lessons from 25 years of retail trade and professional services reforms
Retail trade and professional services employ a large share of workers across OECD countries and provide key intermediate inputs to downstream sectors. This column examines
Increasing employment in pre-retirement years slows cognitive decline
Dementia affects an estimated 6 million Americans. This column uses data from the Health and Retirement Study spanning 1996-2018 to assess the impact of employment
Immigration restrictions and natives’ intergenerational mobility: Evidence from the 1920s US quota acts
Much of the debate over the consequences of immigration restrictions for labour market outcomes of native-born workers focuses on short-run wage competition. This column exploits
