William Perugini/ShutterstockMore than five years into the homeworking revolution, a narrative seems to have emerged – of employees being hauled back to the office against their will. This contrasts with what COVID taught us: that people can work flexibly, benefit from not commuting, and even work for employers based far from their home – expanding the labour pool for employers.
In fact, both of these arguments are oversimplifications.
Elizabeth Llanes, Jeffrey Thompson, and Alice Henriques VolzThe question of whether affluent households save at a higher rate than other parts of the distribution has been asked by economists on numerous occasions since the 1950s. It is standard in this research to define affluent, or “rich,” households as those with high lifetime earnings or income to better ground the empirical question in relevant theory.
Marc Rysman, Shuang Wang, and Krzysztof WozniakWe use consumer panel scanner data to examine households' payment choices, a new application of such data. In particular, we study the long-term shift towards payment cards, as well as the role of transaction size in determining choices. We find that idiosyncratic household preferences are a key driver of payment choice.
The Bank's Court of Directors acts as a unitary board, setting the organisation's strategy and budget and taking key decisions on resourcing and appointments. Required to meet a minimum seven times per year, it has five executive members from the Bank and up to nine non-executive members.
On 9 April 2024, the European Court of Human Rights (ECtHR) delivered a landmark ruling in Verein KlimaSeniorinnen Schweiz and Others v. Switzerland. The ruling was handed down together with two further rulings in Duarte Agostinho and others v. Portugal and others, and in Carême v. France. The ruling marked the first time the ECtHR held that insufficient climate action by a state constitutes a violation of human rights under the European Convention on Human Rights (ECHR).
About 2.4 million Americans are artists, or 1% of the workforce. Ian Forsyth/Getty Images“Being an artist is not viewed as a real job.”
It’s a sentiment I’ve heard time and again, one that echoes across studios, rehearsal halls and kitchen tables – a quiet frustration that the labor of making art rarely earns the legitimacy or security afforded to other kinds of work.
As the conditional exemption scheme intended to protect objects of national importance gains traction, Josh Spero investigates whether it’s fit for purpose
It’s the best publication for investors — but the latest issue makes spooky reading
Greece’s retail sales accelerated growth with a 5.3 percent year-on-year (YoY) in August, after a 3.9 percent increase in July, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
Recent cuts mark end of job security for high-earning knowledge workers whose ranks grew since pandemic
