The distribution of international investment, even at the country level, has many zeros and also has fat tails. This makes most linear estimators ill-suited for
Regulators increasingly rely on supervisory technologies to enhance bank supervision, yet their potential to discipline risky bank behaviour remains unclear. Using unique data from the
As extreme heat events become more frequent and severe, rising temperatures will increase the incidence of heatstroke, kidney damage, and cardiovascular stress. This column considers
Key Findings Recent national surveys of teachers have found that about one-quarter are already using artificial intelligence (AI)–powered tools in their teaching, and there are