GECMagz

Chat Bankman-Fried: An experiment on LLM ethics in finance

As large language models gain traction, it is important to ensure that decisions delegated to them comply with ethical and…

6 months ago

When beliefs shape policy outcomes: Lessons from preferential college admissions in Chile

Preferential college admission is gaining traction worldwide as a means to address inequality in higher education, drawing greater attention to…

6 months ago

Filtering labour market data optimally to detect recessions early and accurately

The timely detection of recessions is critical for an effective policy response. Yet, in the US, the official declaration from…

6 months ago

Risks in the new international trade landscape

Global trade is entering a new era shaped by geopolitical alignment and China’s evolving role. China has become a direct…

6 months ago

Recent patterns in global risk behaviour in financial markets

Following the US tariff announcements in early April, the US dollar strongly depreciated while US Treasury yields rose. This column…

6 months ago

Charitable giving in wartime: Evidence from Ukraine’s war fundraising

In the context of debates about alternative financing plans for Ukraine’s wartime economy (Becker et al. 2025) – such as…

6 months ago

Explaining firm-level reactions to macro shocks

Understanding differences in firm responses to macroeconomic shocks is key for designing policy actions. This column identifies 67 macro shocks…

6 months ago

Why globalisation needs a leader: Hegemons, alignment, and trade

The world economy appears to be entering a new phase of fragmentation, driven by rising geopolitical tensions and the resurgence…

6 months ago

Beyond carbon: The overlooked benefits of fuel taxation

Fuel and carbon prices are typically assessed based on their effectiveness in reducing emissions, while their broader societal benefits often…

6 months ago

Unintended consequences of lockdowns: Evidence on violence against women

Violence against women refers to any act of gender-based violence directed against women, or that affects them disproportionately. The social…

6 months ago