Topics


Competition policy Value-added exchange rates Market access in global and regional trade Own goal: Is UEFA’s Financial Fair Play initiative misguided? Financing start-ups: The impact of credit scoring and bank concentration Cloud computing: Economic issues Raising the competition: The case of Italy Innovation and competition policy: A new type of policy Bank competition and stability: Cross-country heterogeneity Contractual dualism, market power and informality Does price regulation affect the adoption of new pharmaceuticals? More Competition policy articles		Development Service-sector reforms enhance manufacturing productivity: Evidence from Indonesia Why reforms fail: Political-economy forces and agriculture in Africa Multinationals assist domestic suppliers? Perhaps think again Measuring financial development Gender equality and economic growth: A framework for policy analysis Aid for trade: Can it be evaluated? Save more to improve infrastructure in Latin America and the Caribbean The need for a second round of ‘look east’ policies in south Asia Fire-sale FDI: All smoke and no fire? Are education policies reaching the marginalised in Africa? More Development articles
Economic history Fiscal prioritisation: Lessons from three wars Unleashing growth: The decline of innovation-blocking institutions The Battle of Bretton Woods Medieval monetary practices Girls’ education and medieval commerce The past in the Polish present The leaderless global economy: Can economic history suggest lessons? Mutualisation and constitutionalisation Designing a federal bank From the persecuting to the protective state? Jewish expulsions and weather shocks from 1100 to 1800 More Economic history articles		Education International graduate students are critical to scientific discovery Do elite universities admit the academically best students? Social multiplier versus social norms: What matters most for outcomes? Income and schooling Girls’ education and medieval commerce Are education policies reaching the marginalised in Africa? The long-run gains of not mixing genders in high-school classes Schools hours and educational inequality: Evidence from Japan The impact of immigration on the educational attainment of natives How should macroeconomics be taught to undergraduates in the post-crisis era? A concrete proposal More Education articles
Energy Four changes to trade rules to facilitate climate change action Reforming energy subsidies globally The sordid history of Congressional acceptance and rejection of cap-and-trade: Implications for climate policy Commodity prices and growth: A changing relationship? Financialisation in oil markets: Lessons for policy Managing and harnessing volatile oil windfalls Why do we see unilateral action on climate change? Oil exporters’ dilemma Oil price risk, expropriation and bilateral investment treaties Property prices and groundwater contamination More Energy articles		Environment Four changes to trade rules to facilitate climate change action Reforming energy subsidies globally Geoengineering and abatement: A ‘flat’ relationship under uncertainty Can passenger railways curb road-traffic externalities? Empirical evidence The sordid history of Congressional acceptance and rejection of cap-and-trade: Implications for climate policy Moving to Greenland in the face of global warming Imperfect climate policy unlikely to increase domestic emissions Why do we see unilateral action on climate change? Global climate talks: If at the 17th you don’t succeed The costs of Hurricane Sandy: Life satisfaction as an alternative to GDP More Environment articles
EU institutions Did the euro kill governance in the periphery? The Eurozone crisis and EU institutional change: A new CEPR Policy Insight How the EZ crisis is permanently changing EU institutions Is inflation targeting dead? Central banking after the Crisis A banking union for the Eurozone Deposit insurance after Iceland and Cyprus The capital controls in Cyprus and the Icelandic experience Europe’s Cyprus blunder and its consequences Will bank supervision in Ohio and Austria be similar? A transatlantic view of the Single Supervisory Mechanism Cyprus: What are the alternatives? More EU institutions articles		EU policies A banking union for the Eurozone European data protection: Impact of the EU data-protection regulation Will bank supervision in Ohio and Austria be similar? A transatlantic view of the Single Supervisory Mechanism Basel III: Europe’s interest is to comply Winners of a European banking union A blueprint for macroprudential policy in the banking union Macroprudential supervision in banking union Banking reform: Do we know what has to be done? Banking union: If Ireland were Nevada Banking union and ambiguity: Dare to go further More EU policies articles
Europe's nations and regions Are Germans poorer than other Europeans? The principal Eurozone differences in wealth and income The banking crisis as a giant carry trade gone wrong Escaping liquidity traps: Lessons from the UK’s 1930s escape European bank deleveraging and global credit conditions France’s weak economic performance: Sick of taxation? Should Eurozone current-account surpluses be reduced? Are Germans really poorer than Spaniards, Italians and Greeks? The Eurozone crisis and EU institutional change: A new CEPR Policy Insight Balance-sheet repairs in European banks Mrs Thatcher’s economic legacy More Europe's nations and regions articles		Exchange rates Investigating the effect of exchange-rate changes in Japan, China, east Asia, and Europe The exchange rate disconnect and international supply chains: Firm-level evidence When exchange-rate volatility affects trade The real exchange rate and export growth: Are services different? The appreciating renminbi Swiss National Bank under attack Forex intervention, bond spillovers, and currency wars: Evidence from Japan 2003-04 'Natural hedging' of exchange-rate risk Preventing a Eurozone bank and bond run The Eurozone's real malady More Exchange rates articles
Financial markets Measuring potential output: Eye on the financial cycle Deposit insurance after Iceland and Cyprus Democratic legitimacy of the Eurozone Panic-driven austerity in the Eurozone and its implications Stock market turnover and corporate governance Why financial markets are inefficient Putting time and space back into finance Have we solved 'too big to fail'? Bank capital requirements: Are they costly? Financialisation in oil markets: Lessons for policy More Financial markets articles		Frontiers of economic research Views among economists: Are economists really so divided? Communication by the European Central Bank: Inconsistent, yet effective? Gender equality and economic growth: A framework for policy analysis Do entrepreneurs matter? Social multiplier versus social norms: What matters most for outcomes? Voting theory and Papal conclave The decoupling of the US and European economies: Evidence from nowcasting The past in the Polish present Can passenger railways curb road-traffic externalities? Empirical evidence Winning by Losing: Incentive Incompatibility in Multiple Qualifiers More Frontiers of economic research articles
Gender Gender equality and economic growth: A framework for policy analysis Girls’ education and medieval commerce The long-run gains of not mixing genders in high-school classes What explains gender differences in India? What can be done to promote shared prosperity? The ECB would benefit from less gender discrimination Language matters: Gender grammar and observed gender discrimination Women in the boardroom Why aren’t there more women in top jobs? Women and the corridors of power: New evidence Women’s rights: What’s in it for men? More Gender articles		Global crisis Integrating monetary policy and macroprudential regulation Iceland’s post-Crisis economy: A myth or a miracle? Fiscal prioritisation: Lessons from three wars European bank deleveraging and global credit conditions A pro-growth economic plan Banking crises and political survival over the long run Congressional influence as a determinant of subprime lending Self-defeating austerity shocks Fiscal forecasts: Governments vs independent agencies Fighting financial protectionism More Global crisis articles
Global economy The need for a second round of ‘look east’ policies in south Asia The leaderless global economy: Can economic history suggest lessons? Theories of financial crises Root causes of currency wars The world economy: Cliffs avoided, mountains ahead A better way to design global financial regulation Value-added exchange rates Does homeownership influence stockholding? Why is housing such a popular investment? A new psychological explanation Cuddly or cut-throat capitalism: Choosing models in a globalised world More Global economy articles		Global governance Balance-sheet repairs in European banks Measuring the clarity of central-bank communication Mega-regionalism in Asia The 'Good Global Citizen' remit for the international community: A novel responsibility for the IMF The interaction between monetary and macroprudential policies Brazil: Did inward capital controls work? IMF lending and banking crises Reinvigorating the trade policy agenda: Think supply chain! A better way to design global financial regulation The surprise end game in global trade More Global governance articles
Health economics An equilibrium model of the African HIV/AIDS epidemic Physical activity and health Should we promote ‘healthy choices’ or ‘healthy environments’? Public investments for long-term economic growth: the case of health Health insurance, innovation, and technology adoption Free to choose? Free to Choose? Reform and Demand Response in the English National Health Service Lasting effects of childhood health in developing countries Are fruit and vegetables good for your mental health as well as your physical health? Healthcare: The US presidential policy debate More Health economics articles		Industrial organisation Service-sector reforms enhance manufacturing productivity: Evidence from Indonesia Infrastructure: The governance failures The architecture of innovation On the causes and consequences of land use regulations Caution to place makers: Greater firm density does not always promote incumbent firm health Does Supporting Passenger Railways Reduce Road Traffic Externalities? Making a future for manufacturing in advanced economies Reallocation and Technology: Evidence from the U.S. Steel Industry Being in a global value chain: Hell or heaven? Firm organisation: What we know and why we should care More Industrial organisation articles
Institutions and economics The welfare cost of lawlessness: Evidence from Somali piracy Misplaced concerns about central-bank independence Things we must consider in shaping Japanese economic policy for the future Estimating neutral interest rates in Latin America The hidden gains from trade liberalisation Macroeconomic adjustment and the history of crises in open economies Why supervisors should continue measuring financial risks – the fallacy of simple rules Public procurement markets: Where are we? International trade and institutional change: Medieval Venice's response to globalisation Power sharing and institutional stability More Institutions and economics articles		International finance Helicopter money as a policy option Finance and growth in China and India: Have firms benefited from the capital-market expansion? Measuring the 'reach for yield' Why do emerging markets liberalise capital-outflow controls? Fiscal versus net capital flow concerns The Battle of Bretton Woods Multinationals assist domestic suppliers? Perhaps think again Measuring financial development Googling systemically important insurers The "Greatest" Carry Trade Ever? Understanding Eurozone Bank Risks The future of Europe-wide stress testing More International finance articles
International trade Can FTAs support ‘Factory Asia’? Do patent rights impede follow-on innovation? Firms and credit constraints along the global value chain: Processing trade in China The TPP’s effect on Japanese growth The stalemate at the negotiations on environmental goods: Can it be broken? State-owned enterprises in the global economy: Reason for concern? Multinationals assist domestic suppliers? Perhaps think again The much-needed EU pivot to east Asia Aid for trade: Can it be evaluated? The Asian Noodle Bowl when preferences are underused More International trade articles		Labour markets Job placement and displacement: Evidence from a randomised experiment European labour-market reform The trend reversal in income inequality and returns to education: How bad is this good news for Latin America? Spending, income, and debt responses to minimum-wage hikes Policy-related uncertainty: At the root of the lost resilience of Eurozone labour markets? The long-run gains of not mixing genders in high-school classes Monetary policy and firing costs Who really pays social security contributions and labour taxes? Jobs and growth are still linked (that is, Okun’s Law still holds) The expansion and convergence of compulsory schooling: Lessons for developing countries More Labour markets articles
Macroeconomic policy Preventing the next catastrophe: Where do we stand? The lessons of the North Atlantic crisis for economic theory and policy The cat in the tree and further observations: Rethinking macroeconomic policy Rethinking macroeconomic policy Fiscal consolidation: At what speed? Public debt and economic growth, one more time Distilling the macroeconomic news flow Is inflation targeting dead? Central banking after the Crisis The economic legacy of Mrs Thatcher Deposit insurance after Iceland and Cyprus More Macroeconomic policy articles		Microeconomic regulation The implications of retail-sector liberalisation: Evidence from Romania Estimating neutral interest rates in Latin America Advertising and consumer prices A new way to understand consumer surplus Excessive risk-taking by banks: A new eReport Money and banking – realigned efficiently Contractual dualism, market power and informality Recessions are bad for workplace safety Systemic risk regulation: Pigouvian taxes or quantity regulation? Entry regulation: Still costly More Microeconomic regulation articles
Migration Visa policies and multilateral resistance to migration Moving to Greenland in the face of global warming US votes on trade and migration Sparking off the magic of diasporas When migrants rule: The legacy of mass migration on economic development in the US Do return migrants need their social capital for entrepreneurship? Sale of visas: A smuggler’s final song? Toward a world of larger disasters? Ideas for risk-management policies Did the mortgage credit boom contribute to the decline in US racial segregation? The long-run effect of 9/11: Terrorism, backlash, and the assimilation of Muslim immigrants in the West More Migration articles		Monetary policy The case for 4% inflation Integrating monetary policy and macroprudential regulation Communication by the European Central Bank: Inconsistent, yet effective? Rapid current-account rebalancing in the southern Eurozone Policy preferences of central bankers and the design of a monetary-policy committee Why do emerging markets liberalise capital-outflow controls? Fiscal versus net capital flow concerns Fiscal forecasts: Governments vs independent agencies Macroprudential rebalancing Why is this global recovery different? Augmented inflation targeting: Le roi est mort, vive le roi More Monetary policy articles
Politics and economics Banking crises and political survival over the long run Congressional influence as a determinant of subprime lending Did the euro kill governance in the periphery? Voting theory and Papal conclave Infrastructure: The governance failures Political Credit Cycles: The Case of the Euro Zone Realism, austerity or demagogy? Evidence from Italy Professor Monti and the bubble Mutualisation and constitutionalisation Growth dynamics and policy choices facing Indonesia More Politics and economics articles		Poverty and income inequality Reforming energy subsidies globally Fiscal consolidation and implications of social spending for long-term fiscal sustainability Trade, geography, and the unifying force of Islam Ethnic inequality Jobless recoveries and the disappearance of routine occupations Inequality and the US election: The elephant in the room Youth unemployment in Europe: It’s actually worse in the US Who lives longer and why Poorer without aid Eurozone crisis: Time to tax the rich? More Poverty and income inequality articles
Productivity and Innovation Unleashing growth: The decline of innovation-blocking institutions Cuddly or not, the design of worker insurance is critically important Do patent rights impede follow-on innovation? Do entrepreneurs matter? Eurozone: Looking for growth The architecture of innovation Can passenger railways curb road-traffic externalities? Empirical evidence Ageing and productivity: Economists and others Making a future for manufacturing in advanced economies Avoiding middle-income growth traps More Productivity and Innovation articles		Taxation Advertising and consumer prices Taxes and the workforce: Insights from the US Fiscal consolidation and reforms: Substitutes, not complements Income taxation of US households: Facts and parametric estimates Income tax and labour supply: Let’s acknowledge what we don’t know Eurozone crisis: Time to tax the rich? The alternatives to austerity: The effect on jobs and incomes in the UK Is a European Tobin tax likely to be efficient? The Darwin economy Taxing the 1%: Why the top tax rate could be over 80% More Taxation articles
Welfare state and social Europe Fiscal consolidation and implications of social spending for long-term fiscal sustainability Cuddly or cut-throat capitalism: Choosing models in a globalised world The dynamics of homeownership among the 50+ in Europe What would the wealth distribution look like without redistribution? It's the family, stupid! Seven things I learned about the transition from communism Seven billion people, so why do some fear population decline? The price effects of cash versus in-kind transfers The changing face of disability insurance Austerity and Anarchy: Budget Cuts and Social Unrest in Europe, 1919-2009 More Welfare state and social Europe articles