GECMagz

Lifelong learning is becoming increasingly important in response to labour market transformations

As digital, environmental, and demographic transformations reshape labour markets, skills influence who benefits from these changes and who falls behind.…

2 weeks ago

Achieving a European Banking Union without increasing risks

European banking remains fragmented, leaving billions of euros inefficiently allocated. Reforms to establish a European deposit insurance system have been…

2 weeks ago

Rebuilding the world order: Two strategies for a fragmented world

The postwar international order is no longer functioning as its architects intended. Rules remain, but their authority has weakened. Institutions…

2 weeks ago

Dollar erosion: The macroeconomic consequences of losing reserve currency status

The dollar's role as the world's reserve currency has been blamed for an overvalued exchange rate that hollows out US…

2 weeks ago

Occupational licensing across countries: New evidence from 44 nations

Occupational licensing has become an increasingly important topic in labour market policy. Governments across advanced economies are debating whether licensing…

2 weeks ago

How oil price shocks redraw the map of conflict

Oil price shocks do not simply make conflict more likely everywhere; they change where violence happens. Using monthly georeferenced data…

2 weeks ago

Place-based industrial policies in the long run

There is growing evidence that place-based industrial policies lead to positive economic effects. This column analyses the “Million-Rouble Plants” programme…

2 weeks ago

The new EU Pay Transparency Directive may reshape wages and the gender pay gap

Equal pay for equal work has been a core EU principle since the Treaty of Rome was signed in 1957.…

2 weeks ago

AI, the future of economic research and of the many-handed economist

Globalisation has changed economic research profoundly, making it more comparable, more competitive, and thoroughly quantitative. This column argues that AI…

3 weeks ago

Higher utilisation explains the recent surge in productivity growth

US labour productivity has accelerated since 2022. Output per hour grew around 2.5% per year from the end of 2022…

3 weeks ago