GECMagz

The impact of emissions trading systems on manufacturing installation productivity: Evidence from Japan

Emissions trading systems (ETSs) have emerged as a pivotal mechanism aimed at fostering carbon mitigation by creating a market for…

7 days ago

Foreign currency funding risk and global financial stability

The Credit Suisse crisis in 2023 demonstrated that foreign currency funding vulnerabilities remain material even in advanced, well-regulated financial systems.…

1 week ago

The dollar’s status through the lens of foreign exchange reserves

The US dollar’s share of globally allocated foreign exchange reserves has fallen from over 70% in the late 1990s to…

1 week ago

Some chickens are coming home to roost: EU fiscal policies in 2025

For years, the European fiscal landscape was characterised by a reliable, if tense, dichotomy: a frugal core led by Germany…

1 week ago

When the ruler is made of the thing it measures: Multi-model evidence on AI occupational exposure scores

To estimate how AI is reshaping work, it is now standard to ask AI itself to score how exposed each…

2 weeks ago

The different effects of oil and gas supply shocks on euro area inflation

The surge in energy prices since March 2026 has revived a familiar question among central bankers: how much of an…

2 weeks ago

Rethinking Europe in a fractured global economy: the Florence report

The dramatic events unfolding globally—from wars and geopolitical upheavals to trade disruptions—have caught Europe unprepared. The Florence 2026 Report urges…

2 weeks ago

China’s real estate reckoning: Lessons from Japan’s lost decade

A growing debate has emerged over whether China risks repeating elements of Japan’s post-real estate bubble stagnation of the 1990s.…

2 weeks ago

How UK firms are responding to the war in Iran: Early evidence from the Decision Maker Panel

The conflict in the Middle East has pushed energy prices sharply higher, but the implications for UK inflation will depend…

2 weeks ago

How to get the Green and the Deal: Recalibrating EU industrial policy

European industry is navigating a global economy where the notion of a fair playing field is increasingly out of reach,…

2 weeks ago