Revising the European fiscal framework, part 2: Debt management

In January 2023, the escape clause triggered to suspend the rules of the Stability and Growth Pact will expire, possibly forcing painful fiscal adjustments in countries that are already struggling with the impact of the pandemic. In this second column in a two-part series, the authors focus on the debt management aspect of their proposal to strengthen the European fiscal framework.

The value of online gig economy platforms

The gig economy and online labour platforms often trade off increased flexibility for lower employment security. This column uses a structural model and data from an online platform to study the effects of counterfactual policies on worker and employer surplus. It finds evidence of significant bid tailoring by workers depending on their application order and shows that employers are highly sensitive to wage bids received on past job postings.

'We're entering unprecedented territory': sports expert Q&A on what Djokovic row means for unvaccinated elite athletes

Tennis star Novak Djokovic is out of the Australian Open after the country’s immigration minister, Alex Hawke, cancelled his visa “on the basis that it was in the public interest to do so”. This follows an earlier quashing of the original decision by Border Force officials to cancel the Serbian player’s visa when he arrived in Australia because he didn’t have a COVID vaccination.

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