Why we spend so much time in meetings
Few features of modern work are as widely criticised as meetings. Using data from over 9,000 workers in Norway, this column examines how meetings are
The price elasticity of US shale oil supply: Insights from a natural experiment
The 2026 Iran war provides a natural experiment that allows model-free estimation of the price elasticity of US shale oil supply. This column argues that
The origins of the multinational premium: Managerial talent, firm risk, and corporate taxation
Multinational firms tend to earn higher stock returns than purely domestic firms, raising questions about what drives their differential exposure to aggregate risk. This column
The macroeconomic impact of the Recovery and Resilience Facility: An analysis for Italy, Spain, and Greece
The EU Recovery and Resilience Facility was launched to support post-Covid recovery while accelerating structural transformation through investment and reform. This column provides a preliminary
Trapped at home: Climate stress is more likely to immobilise the poor than to move them
Climate-driven displacement is widely expected to push millions across international borders. Drawing on monthly bilateral flows for 127 developing-country origins, this column finds the reverse:
How higher pensions shape work after retirement: Lessons from Germany’s Earned Income Pension Credit
Can governments raise pensions for low-income retirees without discouraging them from working? Drawing on Germany’s Earned Income Pension Credit, this column finds that higher pension
What we lose when women do not get tenure: Evidence from a natural experiment
Women remain underrepresented in the upper ranks of academia, but evidence on the mechanisms behind this has been scarce. This column exploits a change in
Literature support and the capabilities of autonomous research agents
A central weakness of modern machine-learning systems is that performance tends to deteriorate outside the support of the training distribution. This column uses a tournament-style
Financial stability in the age of artificial intelligence: The role of algorithmic architecture
Artificial intelligence is rapidly transforming financial decision-making. This column explores the implications for financial stability using simulation-based experiments on two different AI architectures. Q-learning algorithms,
Peering beyond the veil of aggregate bank lending rate dynamics: Insights into credit-level pricing and composition effects
During the recent tightening and easing cycle, the aggregate bank lending rate to firms in the euro area increased by less than the rise in
