Workers’ age and AI adoption
Numerous studies have analysed the effects of AI on productivity, growth and employment. Few of these focus on the factors that promote or hinder the
Samsung Electroncis to announce more than $72bln shareholder return programme, media reports
Samsung will spend 50% of its free cash flow on the new programme Samsung Electronics is set to announce a new shareholder return policy later
When the news you watch shapes the inflation you expect
Central banks lean on communication to anchor inflation expectations. But most households learn about the economy from the news rather than from policy statements, and
From tariffs to trade flows: Diversion effects and China’s exports to the EU
High US tariffs on imports from China in the first half of 2025 led to concerns about a large-scale redirection of Chinese exports to the
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
Why inflation may respond faster to big shocks: The rise of state-dependent pricing
Macroeconomic models distinguish time-dependent pricing, where firms change prices at fixed intervals, from state-dependent pricing, where firms change prices in response to changing demand or
The Bank of England’s capital mistake?
On 2 December 2025, the Bank of England’s Financial Policy Committee announced it would be lowering the capital requirement for UK banks. This column argues
What we can learn from public debt reductions in OECD countries
Public debt-to-GDP ratios have risen substantially over the past 25 years, and multiple spending pressures threaten to increase them further. This column outlines the lessons
The impact of uncertainty on corporate borrowing in the euro area
Uncertainty in the global economy has been elevated following trade tariff disputes, economic policy changes, and geopolitical risks. This column examines the impact of uncertainty
Why information campaigns may backfire: Voter heterogeneity and network effects
Political information campaigns that perform well in focus groups and pilot studies may backfire when applied at scale. This column uses a field experiment in
