The importance of information for tax design: Evidence from the French wealth tax

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
Default to mum: How institutions quietly shape gender roles in parenting

Mothers continue to shoulder the majority of childcare responsibilities even in dual-earner households, contributing to gender gaps in earnings, labour force participation, and career advancement.
Dealing with Trump: Dos and don’ts

Trade negotiations between the US and the EU are entering a crucial stage. This column argues that, faced with a highly uncertain geopolitical situation, the
A practical guide to running social media experiments

As social media platforms become ever more ubiquitous, policymakers are grappling with how to counter their effects on political attitudes and electoral outcomes, addiction and
Micro and macro cost-price dynamics in normal times and during inflation surges

Recent evolutions in US attitudes and policies have raised questions about the future of the dollar’s role in the global economy. This column explores a
How French firms navigated the inflation surge: Lessons for expectations and decision making

As inflation surged globally, economists and policymakers focused their attention on the expectations of households and financial markets – but relatively little was known about
Tariffs and retaliation: A macroeconomic analysis

Implementation of the “Liberation Day” tariffs on the US’ trading partners would have far-reaching consequences for international trade patterns and the US and global economies.
Fed communication for all – but understood by few

Central banks use communication to influence inflation expectations, with varying effectiveness. This column examines how professional forecasters and households respond to inflationary pressure warnings in
Radical novelties in critical technologies and spillovers: how do China, the US and the EU fare?

Critical technologies including artificial intelligence, semiconductors and quantum computing are attracting attention because of their indispensable nature and their role in national security strategies. We
Chinese banks and their EMDE borrowers

Although Chinese banks have remained the top lenders to emerging markets and developing economies (EMDEs), their growth has slowed and their lending patterns have changed

