It also sees the European Central Bank as having concluded its easing cycle. The dollar edged up against the euro and the yen, but remained within striking distance of Friday’s lows, after weak U.S. jobs data boosted bets on Federal Reserve rate cuts and triggered a sharp selloff in the greenback. Investors are awaiting services […]
Economic research often treats tools such as tariffs, subsides, interest rates, monetary policy, and austerity measures as gender neutral. This column argues that when sex-disaggregated data and gender analysis are missing from models and policy decisions, the result is incomplete economic analysis and inequitable outcomes. What’s missing from economics isn’t just women’s voices, but women’s […]
The independence of monetary authorities from political interference is a foundational principle of modern central banking, and understanding whether threats to this independence affect expectations and beliefs is important. This column uses data from the Polymarket platform, where users trade on Federal Reserve interest rate decisions and possible replacement of Chair Powell, to examine how […]
In a world saturated with research and policy recommendations, it’s more important than ever to synthesize evidence well. A single study in a single setting may not yield estimates of impact that can be generalized to other contexts; we may worry about spurious effects. Aggregating results across multiple studies can give us more confidence in […]
Many countries are considering introducing or reforming their wealth tax policies. This column studies the effects of a French wealth tax reform, which reduced reporting requirements, on taxpayer behaviour. The scaling back of reporting requirements had large negative effects on tax compliance, with 35% of wealth taxpayers missing in affected brackets and evading 10% of […]
Germany, the Czech Republic and 14 other countries have demanded the European Union introduce stricter price controls to the bloc’s new carbon market, over fears the policy will raise consumers’ bills, a document seen by Reuters showed. The paper, which has support from enough countries to form the “qualified majority” needed to pass EU laws, […]
Investors and policymakers increasingly rely on verbal guidance rather than policy moves. This column examines whether the emotional sentiment of the chair of the Federal Reserve’s voice in press conferences affects the probability of a sudden, significant drop in bank stock prices. A more positive vocal tone by the Fed chair reduces the risk of […]
