Nature Retracts Study Predicting Catastrophic Climate Toll
While growing evidence shows that carbon emissions are harming the economy, the journal Nature found that an outlier paper had deep flaws.
Why the future of psychedelic medicine might not be psychedelic at all
Blackday/Shutterstock.comPsychedelic medicine has regained momentum in 2025. Investors are coming back, regulatory attitudes are softening, trial results are improving and major pharmaceutical firms that kept their distance are starting to pay attention.
Is anyone really misled by the term ‘veggie burger’? Our research suggests consumers are savvy
Avelina/ShutterstockThe European parliament recently backed changes to the rules around the labelling and marketing of plant-based meat
The marketing genius of Spotify Wrapped
Charli XCX performs during a celebration of the annual release of Spotify Wrapped in 2022 in Los Angeles. Kevin Winter/Getty Images for SpotifyEven before this year’s Spotify Wrapped dropped, I had a hunch what mine would reveal.
A hard year for federal workers offers a real-time lesson in resilience
Imagine going from having a book club with your co-workers to seeing them only on a Signal chat where every member has to be vetted – and the main conversation topic is when you might lose your job.
That’s what it was like for workers at one federal agency earlier this year.
The UK’s latest compromise on workers’ rights will not fix its labour market problems
koldo_studio/ShutterstockThe UK’s autumn budget tried to appeal to both workers and employers. But the decision the very next day to soften a key plan to improve workers’ rights shows how difficult that balance has become.
The UK’s latest compromise on workers’ rights will not fix its labour market problems
koldo_studio/ShutterstockThe UK’s autumn budget tried to appeal to both workers and employers. But the decision the very next day to soften a key plan to improve workers’ rights shows how difficult that balance has become.
Estimating the natural rate of interest in a macro-finance yield curve model
Using a novel macro-finance model we infer jointly the equilibrium real interest rate r*, trend inflation, interest rate expectations, and bond risk premia for the United States. In the model r* plays a dual macro-finance role: as the benchmark real interest rate that closes the output gap and as the time-varying long-run real interest rate that determines the level of the yield curve. Our estimated r* declines over the last decade, with estimation uncertainty being relatively contained. We show that both macro and financial information is important to infer r*.
Estimating the natural rate of interest in a macro-finance yield curve model
Using a novel macro-finance model we infer jointly the equilibrium real interest rate r*, trend inflation, interest rate expectations, and bond risk premia for the United States. In the model r* plays a dual macro-finance role: as the benchmark real interest rate that closes the output gap and as the time-varying long-run real interest rate that determines the level of the yield curve. Our estimated r* declines over the last decade, with estimation uncertainty being relatively contained. We show that both macro and financial information is important to infer r*.
OECD sees sustained growth of 2.2 pct in 2026, challenges persisting
The OECD published on Tuesday its latest economic outlook and is broadly in consensus with other organisations that monitor the Greek economy that the economy will sustain its growth path, though it will begin to moderate as EU resources will wind down next summer.
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