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A new age of uncertainty? Measuring its effect on the UK economy 27 Aug 2013 | 05:00 am
Abigail Haddow, Chris Hare, John Hooley, Tamarah Shakir, 27 August 2013 Economic uncertainty is not good for GDP growth. This column presents a new, UK-specific measure of economic uncertainty. It sh...
Why does capital flow from poor to rich countries? 26 Aug 2013 | 05:00 am
Daniel Gros, 26 August 2013 Why does capital flow from poor to rich countries? This column argues that the direction of capital flows makes economic sense given savings behaviour. But the real puzzle...
Is there a future for international banks? 25 Aug 2013 | 05:00 am
Dirk Schoenmaker, 25 August 2013 After the financial crisis, there was a shift from international to multinational banks due to supervisors’ increasingly national approach. This column provides an al...
Creativity, cities and innovation 24 Aug 2013 | 05:00 am
Neil Lee, Andrés Rodríguez-Pose, 24 August 2013 In recent years, policymakers have enthusiastically backed the fashionable ‘creative industries’. This column presents new research on the creative sec...
What is shadow banking? 23 Aug 2013 | 05:00 am
Stijn Claessens, Lev Ratnovski, 23 August 2013 There is much confusion about what shadow banking is and why it might create systemic risks. This column presents shadow banking as ‘all financial activ...
Immigration, diversity, and economic prosperity 22 Aug 2013 | 05:00 am
Alberto Alesina, Johann Harnoss, Hillel Rapoport, 22 August 2013 With ageing populations in the rich nations and booming labour forces in poor nations, immigration is sure to be a critical policy iss...
Informal or formal financing: First evidence on co-funding of Chinese firms 21 Aug 2013 | 05:00 am
Hans Degryse, Liping Liu, Steven Ongena, 21 August 2013 Non-bank financing originating in the shadow banking system has increasingly become an issue for policymakers. This column argues that informal...
Who becomes a top politician in China? 20 Aug 2013 | 05:00 am
Ruixue Jia, Masa Kudamatsu, David Seim, 20 August 2013 Despite its economic and political power, details of how China’s leaders are selected are opaque. This column presents new research on how Chine...
Removing deadweight loss from economic discourse on income taxation and public spending 18 Aug 2013 | 05:00 am
Charles F Manski, 18 August 2013 Economists usually think of taxation as inefficient. This column argues that the anti-tax rhetoric evident in much lay discussion of public policy draws considerable ...
Inclusive growth revisited: Measurement and evolution 17 Aug 2013 | 05:00 am
Rahul Anand, Shanaka J Peiris, Saurabh Mishra, 17 August 2013 The call for inclusive growth – the pace and distribution of economic growth – has been unanimously broadcast by policymakers across the ...