GECMagz

Classroom heat widens the achievement gap

Extreme heat events are becoming more frequent and intense with climate change. Children are particularly vulnerable to such environmental stressors.…

4 months ago

Why households save and work: The role of risks, bequest motives, and family dynamics

Household saving and labour supply are shaped by many risks – wages, marriage, health, longevity – as well as bequest…

4 months ago

The return of inflation: Why ‘look through’ can backfire under incomplete information

Central banks facing post-pandemic inflation often considered ‘looking through’ supply shocks. Using a New Keynesian framework in which agents gradually…

4 months ago

How real-time data misled policymakers during the post-COVID recovery

Preliminary data releases can diverge significantly from subsequently revised figures, complicating economic policy decisions made in real time. The Great…

4 months ago

Ripples presaging a financial tsunami

Loss of confidence in the US dollar’s reserve currency status could trigger a collapse of the US Treasury market and…

4 months ago

Incomplete contracts and renegotiation in public procurement

Public procurement contracts worldwide often face high risks of cost overruns and project delays, raising questions about the scope for…

4 months ago

The long life spans of royals reveal the secret of ‘healthy stress’

Social status not only influences people’s beliefs and political views (Kreiner et al. 2020) but can also make a difference…

4 months ago

How to manage migration in an ageing country

With working-age populations projected to decline rapidly, all European countries face an unprecedented demographic challenge. Inflows of regular foreign workers…

4 months ago

Winners and losers from the energy crisis: Policy lessons from the Iberian electricity market

Europe’s recent energy crisis generated large windfall rents for electricity producers. Yet, most EU governments responded with costly downstream measures…

4 months ago

AI misinformation and the value of trusted news

Artificial intelligence tools can now produce highly realistic text, images, and videos at almost no cost, prompting concerns that the…

4 months ago