An empirical analysis of budgetary follow-up in the EU | VOX, CEPR Policy Portal
Macroeconomic projections are an essential building block of any budgetary plan. This column studies the one-year-ahead...
Reckoning with the growing demand for long-term care | VOX, CEPR Policy Portal
Declining fertility rates and longer life expectancies are producing an ageing global population. This column investigates...
Learning the hard way. The effect of conflict on education | VOX, CEPR Policy Portal
The war in Ukraine is destroying the educational opportunities of young people. Research from a conflict...
Monopsony makes firms not only small but also unproductive | VOX, CEPR Policy Portal
Differences in labour market outcomes between East and West Germany persist, 30 years after reunification. Using...
Effects of an embargo on Russian gas | VOX, CEPR Policy Portal
The April 2022 CfM survey asked members of its European panel to assess the effects of...
The education–innovation gap | VOX, CEPR Policy Portal
Higher education programmes are essential for innovation and economic growth. This column introduces the education–innovation gap,...
Consumption effects of mortgage payment holidays during Covid-19 | VOX, CEPR Policy Portal
Mortgage payment holidays were introduced in the UK March 2020 to help households who might have...
Rising cereal prices and political violence in the croplands of Africa | VOX, CEPR Policy Portal
We tend to associate rioting and mass protest with cities, but a surge in agricultural commodity...
A new perspective on Chinese agricultural development | VOX, CEPR Policy Portal
A pessimistic view of Chinese agriculture development is based on a Malthusian trap, characterised by diminishing...
Energy sanctions: IGM Forum survey | VOX, CEPR Policy Portal
As Russia’s invasion of Ukraine continues and many call for a strengthening of sanctions, an alternative...
Russian invasion tests EU economic resilience | VOX, CEPR Policy Portal
Russia’s invasion of Ukraine has led the European Commission to revise its EU growth outlook downwards,...
Impacts of firm global value chain participation on productivity | VOX, CEPR Policy Portal
Participation in global value chains is commonly seen as an important driver of productivity growth. This...
The impact of institutions on innovation | VOX, CEPR Policy Portal
A large part of the world operates under oligarchic and authoritarian regimes, where access to economic...
The food crisis has no respect for borders | VOX, CEPR Policy Portal
This week António Guterres, secretary-general of the UN, warned that the war in Ukraine would tip...
Remote wages in a globalised labour market | VOX, CEPR Policy Portal
Web-based job platforms that match employers and workers around the world to trade tasks which are...
Measuring robot quality | VOX, CEPR Policy Portal
A large literature explores the implications of the introduction of robots into the workplace for the...
Russia’s e-commerce trade in the aftermath of the 2022 invasion | VOX, CEPR Policy Portal
Whether economic sanctions against Russia have real effects has been increasingly called into question. This column...
The long-run effects of climate change on the corporate sector | VOX, CEPR Policy Portal
The question of whether firms are able to adapt to a changing climate is central to...
Using historical newspaper data to deal with measurement error | VOX, CEPR Policy Portal
Researchers typically collect newspaper-based data for use as outcome, treatment, or control variables in statistical analysis. This column argues that data generated...
Understanding the unemployment and welfare effects of the China shock | VOX, CEPR Policy Portal
Concerns about international trade have grown, as recent studies document a negative effect of Chinese import...
Identifying monetary policy shocks | VOX, CEPR Policy Portal
The recent surge in inflation has put central banks back into the spotlight. This column proposes a...
Manager pay: Size matters, and so does monopoly | VOX, CEPR Policy Portal
Since the 1980s, the pay of superstar workers has increased sharply, closely linked to the performance...
Is the road to hell paved with good intentions? Budget projections that miss the mark | VOX, CEPR Policy Portal
Member states supply budgetary projections as part of EU Stability and Convergence Programmes. How good are...
Political power and market power: Evidence from mergers | VOX, CEPR Policy Portal
Industry concentration leads to increased market power, but can it also lead to increased political power?...
Sanctions and the exchange rate | VOX, CEPR Policy Portal
Despite an increasing number of sanctions imposed on the Russian economy since its invasion of Ukraine...
The surprising benefits of voting for change | VOX, CEPR Policy Portal
Voters often face a key choice between continuity and change. But does voting for change –...
The long-run impacts of court-ordered desegregation | VOX, CEPR Policy Portal
Many US school districts are currently weighing policies to improve racial integration in public schools. This...
Assortative mating and the wealth inequality debate | VOX, CEPR Policy Portal
The literature on assortative mating has largely focused on whether children of wealthy parents tend to...
American treasure and the decline of Spain | VOX, CEPR Policy Portal
Spain was one of the world’s richest countries around 1500. Two centuries later, it was a...
What can helicopter money do? | VOX, CEPR Policy Portal
If you're going to drop lots of money from a helicopter, what will happen to the...
Analysing cost-push inflation using world input-output tables | VOX, CEPR Policy Portal
The rise of global value chains has led to a greater use of input-output tables to...
Algorithmic stablecoins and devaluation risk | VOX, CEPR Policy Portal
On 10 May 2022, the price of TerraUSD, an algorithmic stablecoin operating on the Terra blockchain, fell and it...
A central bank view of reforming Europe’s fiscal framework | VOX, CEPR Policy Portal
The economic landscape has changed dramatically since the European fiscal rules were designed some 30 years...
Seizures of foreign exchange reserves will not weaken the dollar’s role as dominant reserve currency | VOX, CEPR Policy Portal
Recent sanctions imposed by the US on Russia have called into question the US dollar’s dominant...
Rank effects in education | VOX, CEPR Policy Portal
A burgeoning literature on rank effects in education has found that students who are highly ranked in their...
Skill-biased production makes high-skill workers more efficient in rich countries | VOX, CEPR Policy Portal
How does the productivity of different types of workers vary across countries? This column uses micro...
The effect of China’s two-child policy on household savings | VOX, CEPR Policy Portal
China’s high household savings rate remains a puzzle, with potential explanations including demographic, policy, and financial...
Shocks, international trade, and diversification | VOX, CEPR Policy Portal
Trade in goods has rebounded quickly from the pandemic, while trade in services has not. This...
Implications of Russia’s invasion of Ukraine for its value chains | VOX, CEPR Policy Portal
The trade disruptions resulting from Russia’s invasion of Ukraine have revealed the vulnerabilities of relying on...
Taxes and labour mobility: Why lowering income tax rates might not be a winning strategy | VOX, CEPR Policy Portal
It is not only countries but also sub-national jurisdictions such as states that compete for high-income taxpayers....
A Blueprint for the Reconstruction of Ukraine. Rapid Response Economics 1 | VOX, CEPR Policy Portal
The first of CEPR’s Rapid Response Economics series spells out a proposal to ensure that the...
Unaccounted long-term health cost of wars on wartime children | VOX, CEPR Policy Portal
The Russian invasion of Ukraine has forced millions of Ukrainian children to leave their schools and...
Intergenerational costs of allocating refugees randomly | VOX, CEPR Policy Portal
Existing research on the integration of refugees has focused on the impact on the refugees themselves....
The matching between workers and jobs explains productivity differentials across firms | VOX, CEPR Policy Portal
Recent research has highlighted the contribution that managerial decisions make to firms’ productivity. This column uses a...
Explaining the disappointing trade effects of regional trade agreements | VOX, CEPR Policy Portal
What can explain the small or even negative effects of regional trade agreements on trade? Using...
European recessions and Native American conflict | VOX, CEPR Policy Portal
Recessions in Europe often pushed Europeans to migrate to the US in search of better economic...
Campaign finance rules and their effects on election outcomes | VOX, CEPR Policy Portal
Democracies around the world have instituted reforms to level their electoral playing fields. This column studies the...
Learning about inflation expectations from the data | VOX, CEPR Policy Portal
Inflation has surged to historic levels around the globe. Designing the correct policy responses requires a...
Getting more out of policing in the US | VOX, CEPR Policy Portal
In the wake of widely publicised instances of police misconduct, calls to defund the police have...
How remote collaboration impacts innovation | VOX, CEPR Policy Portal
Face-to-face interactions are critical for the cross-fertilisation of ideas. Yet, the share of geographically distributed teams...