The UK economy is not working for everyone. Ian Francis/ShutterstockThe UK budget is usually a story of growth forecasts, borrowing levels and fiscal discipline. But ahead of this month’s high-stakes event, growth has been slower than expected. At the same time, as households struggle with living costs, the climate crisis intensifies and inequality persists, growth might seem like too narrow a focus.
Home appraisal bias contributes to racial wealth disparities and violates the Fair Housing Act.
Jeff Fusco/The Conversation U.S., CC BY-SAFor most families, owning a home is the primary way to accumulate wealth and transfer that wealth to future generations.
Electric delivery vehicles powered by renewable energy are helping several multinationals lower their emissions.
Electric delivery vehicles powered by renewable energy are helping several multinationals lower their emissions.
Vehicles going into circulation for the first time rose by 4.1 percent year-on-year (YoY) in October, after a rise of 11.7 percent in September, according to Hellenic Statistical Authority (ELSTAT) data released on Thursday.
The positive climate created by the firming up of relations between Athens and Washington over the past week appears to have re-energised the stalled diplomatic process around the Great Sea Interconnector (GSI), a strategic infrastructure project to join Cyprus to the European power grid.
Xandpic/ShutterstockYou might not care very much about the prospect of the AI bubble bursting. Surely it’s just something for the tech bros of Silicon Valley to worry about – or the wealthy investors who have spent billions of dollars funding development.
This paper introduces a novel methodology to enhance the granularity of Inter-Country Input-Output (ICIO) tables. While our general methodology can be applied to any products of interest, we show that the well-documented distortions caused by sectoral aggregation in ICIO tables are particularly pronounced for products with a low substitutability, such as those essential to the green transition (e.g. electric batteries, rare earths). We therefore apply our framework to construct a disaggregated ICIO table that singles out 129 products essential to the energy transition.
This paper introduces a novel methodology to enhance the granularity of Inter-Country Input-Output (ICIO) tables. While our general methodology can be applied to any products of interest, we show that the well-documented distortions caused by sectoral aggregation in ICIO tables are particularly pronounced for products with a low substitutability, such as those essential to the green transition (e.g. electric batteries, rare earths). We therefore apply our framework to construct a disaggregated ICIO table that singles out 129 products essential to the energy transition.
Job-to-job transitions in the euro area are a complementary indicator to standard labour market statistics. These flows, defined as transitions between jobs without a spell of unemployment, capture important adjustment mechanisms in addition to the unemployment rate. Using administrative data for Germany, Spain and France, our analysis highlights the procyclical nature of job-to-job transitions: mobility declines during downturns and rises during expansions. Heterogeneity is also evident across occupations and age groups.
