GECMagz

Quantifying financial repression through the lens of portfolio choice: A century of evidence

With public debt at high peacetime levels, how advanced economies can reduce debt burdens is again at the centre of…

2 weeks ago

Measuring what work generative AI does: Survey evidence versus chat logs

The chat logs of AI companies are often used to measure what work AI actually does. This column uses a…

2 weeks ago

How data centres affect electricity prices and for whom

Increases in US electricity prices since 2020 have coincided with a sharp rise in demand from data centres. This column…

2 weeks ago

How minimum wages reshape firms and their productivity from within

How far can minimum wages rise without damaging jobs and output? This column uses evidence from France to show that…

2 weeks ago

The energy transition: Progress and challenges

Solar and wind have become the cheapest sources of new electricity almost everywhere, yet Europe is now switching them off…

2 weeks ago

Productive firms can better spot and deploy their internal talent

When a job vacancy opens, the manager faces a choice: to hire from outside the organisation, or to fill the…

2 weeks ago

Building resilience to global financial shocks in emerging markets

Emerging markets are vulnerable to sudden shifts in investor sentiment, which can lead to pressure on exchange rates and financing…

2 weeks ago

Beyond trade diversion: How the US-China trade war reshaped global production

Trade wars do not simply redirect exports; they also reshape the costs of production, disrupt supplier-customer relationships, and trigger adjustments…

2 weeks ago

New jobs in 140 years of data: Why the AI displacement fear is overstated — and what to worry about instead

Forecasts of AI-driven job destruction rest on counting automatable tasks. But labour markets hire, pay, and fire whole occupations, not…

3 weeks ago

Fiscal unsustainability and capture: $40 trillion Treasury debt does not measure the risks; enhanced long-term repurchases don’t improve them

US federal government debt exceeded $40 trillion for the first time on 18 August 2026. This prompted warnings about fiscal…

3 weeks ago