Can the Green Transition Work for Workers?
Robert Pollin challenges the myth that climate action hurts working people—and explains why a just transition must be at the heart of a global Green New Deal.
7 Truths About Trump’s Tariffs — And the High-Stakes Future They Shape
Top money-and-politics expert Thomas Ferguson breaks down the real drivers of Trump’s aggressive tariff agenda, from big crypto plans to a new world order emerging.
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Where Science Moves Progress Follows
How global scientific mobility drives innovation—and what’s at stake when migration is restricted by war, politics, or policy.
Trade in the Time of Trump
Trump ran in both 2016 and 2024 on a promise to reverse the deindustrialization caused by globalization and free trade, using tariffs as his main tool. But the critical question now is: Can it work?
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Effects of monetary policy on labour income: the role of the employer
This article investigates how firms transmit monetary policy shocks to individual labour market outcomes at both the intensive and extensive margins. Using matched employer-employee administrative data from Germany, we study the effects of monetary policy shocks on individual employment and of labour income conditioning on characteristics of workers and firms. First, we find that the employment of workers at young firms is especially sensitive to monetary policy shocks.
Explosive New Book Argues Facebook Is a Global Engine of Harm and Corruption. Is Reform Possible?
Sara Wynn-Williams, defying Facebook’s attempts to silence her, reveals the company’s toxic culture and global damage, exposing unethical practices and a profit-at-any-cost approach. The key question she leaves us with: How can this be changed?
Early in her chilling account of life as a Facebook executive, Sara Wynn-Williams drops an intriguing detail: Mark Zuckerberg’s favorite president. The young founder – still in his twenties at the time -- picks Andrew Jackson, because he “got stuff done.”
Critical input disruptions – mapping out the road to EU resilience
We study how disruptions to the supply of foreign critical inputs (FCIs) might affect value added at different levels of aggregation. FCIs are inputs primarily sourced from extra-EU countries with highly concentrated supply, or consisting in advanced technology products, or which are key to the green transition. Using firm-level customs and balance sheet data for Belgium, Spain, France, Italy and Slovenia, our framework allows us to assess how much – and how differently – geoeconomic fragmentation might affect European economies.
How Macroeconomic Indicators Shape Global Trade Trends
Macroeconomic indicators refer to economic data points that help assess the economy’s health and future prospects. They are used by investors and policymakers to comprehend the economy’s growth and performance. Some of the macroeconomic indicators include Gross Domestic Product (GDP), coincident indicators, and inflammation. Other indicators include National Income, Consumer Price Index, and Producer Price ...
How tightening mortgage credit raises rents and increases inequality in the housing market
Housing affordability is at the centre of the political debate in many euro area countries. With steadily increasing rents and house prices still high relative to historical standards, many young households, particularly in large cities, are devoting an ever larger share of their income to housing expenses, and are finding it increasingly hard to access their desired size and quality of housing.
The “doom loop” and default incentives
The “doom loop” or “sovereign-bank nexus” has been a key factor in the European debt crisis, driven by feedback between fiscal sustainability risks and financial stability. This Research Bulletin revisits the doom loop, examining strategic default incentives and the unintended effects of policy interventions. While limiting banks’ exposure to sovereign debt can break the doom loop, it may increase default risks by weakening governments’ repayment incentives.
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