US safety net helps protect children from abuse and neglect, and some of those programs are threatened by proposed budget cuts
Safety net programs protect children in many ways.
Funeral Homes Are Forced to Innovate as Consumer Preferences Shift
As cremation rates rise and consumer preferences shift, funeral homes are innovating in surprisingly unconventional ways so they don’t die out.
IFDP Paper: Measuring Geopolitical Fragmentation: Implications for Trade, Financial Flows, and Economic Policy
Florencia Airaudo, Francois De Soyres, Keith Richards, and Ana Maria SantacreuRecent geopolitical tensions have revived interest in understanding the economic consequences of geopolitical fragmentation.
From purchases to exit: central bank interventions in corporate debt markets
Central banks increasingly act as market-makers-of-last-resort, yet the impact and exit of such interventions remain poorly understood. Using euro-area data, we analyze the cycle of market freeze, intervention, and exit in short-term debt markets. A run on money market funds (MMFs) triggered a collapse in these markets in March 2020. Firms replaced only 27% of lost funding through credit lines. The European Central Bank intervened, fully replacing MMFs for some firms and allowing them to issue more debt at lower rates and longer maturities.
European Natural Gas through the 2020s: the Decade of Extremes, Contradictions and Continuing Uncertainties
This paper examines in detail the interrelationships between the EU’s concerns, its
energy policies, and the resulting challenges and uncertainties facing European gas
through the rest of the decade, and beyond.
Europe’s Gas Roller Coaster
A new INET Working Paper by Yaroslav Melekh, James Dixon, Katrina Salmon, and Michael Grubb, interrogates the contradictions between fossil lock-in through LNG import capacity and
overcontracting, and policy-driven demand reduction. Here is a summary of the paper's main findings.
Trump moves to gut low-income energy assistance as summer heat descends and electricity prices rise
Cities like Houston get high humidity in addition to the heat, making summer almost unbearable without cooling. Brandon Bell/Getty ImagesThe U.S.
Exchange of letters between the Governor and the Chancellor on the Asset Purchase Facility - May 2025
Exchange of letters between the Governor and the Chancellor
They Looted Companies — Now They're Looting the Government
Economist William Lazonick reveals how the extraction model of American corporations has migrated from business to government.
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IFDP Paper: Related Exposures to Distressed Borrowers and Bank Lending(Revised)
Sumit Agarwal, Ricardo Correa, Bernardo Morais, Jessica Roldán and Claudia Ruiz-OrtegaWe study how banks’ exposure to a large set of related and suddenly-distressed borrowers impacts their commercial lending and risk taking. Using Mexican credit registry data, we examine the effect of the 2014 collapse in energy prices.
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