Dementia affects an estimated 6 million Americans, and is the leading cause of neurological disability and the third leading cause…
Digital payment systems promise to extend financial services to people underserved by banks, and overcoming barriers to the adoption of…
The post-COVID inflation surge was global, but inflation persistence was not. This column argues that the key difference lies in…
Shale gas was initially hailed as a “revolution”, but the vast amounts of US natural gas production made possible by…
Real-time assessments of inflation expectations can be valuable for assessing the inflation outlook. This column decomposes inflation swaps for the…
The motives for the accumulation and management of foreign exchange reserves are a key topic in international economics. This column…
The steady decline in the relative price of equipment has long been seen as a primary engine of long-run growth.…
Across advanced economies, workers have been receiving a smaller share of national incomes. This column compares the evolution of labour’s…
Europe exports a large surplus of savings outside the continent each year. This column argues that this should not be…
Geopolitical risk has become a key driver of macroeconomic fluctuations in the euro area, particularly since Russia’s invasion of Ukraine…