GECMagz

GLP-1 treatment reduces sickness absence

GLP-1 drugs have transformed the treatment of type 2 diabetes and obesity. As governments and insurers debate whether and how…

3 weeks ago

Uncovering the labour supply channel of monetary transmission

Economists have long viewed monetary policy as influencing labour demand, with little effect on labour supply. This column discusses four…

3 weeks ago

The origins of the multinational premium: Managerial talent, firm risk, and corporate taxation

Multinational firms tend to earn higher stock returns than purely domestic firms, raising questions about what drives their differential exposure…

3 weeks ago

Carbon risk in loan pricing: Commitment channels and real effects

Transition risks related to climate change are increasingly recognised in equity and bond markets. This column uses syndicated loan tranches…

3 weeks ago

How shifts in geoeconomic power are rewiring global trade

Trade growth stalled after the Global Financial Crisis, and world trade is now splitting along geopolitical lines. This poses a…

3 weeks ago

Baby busts and GDP booms: Demographic change and the macroeconomy

Globally declining birth rates have, over the last seven decades, slowed population growth and raised average ages. This column argues…

3 weeks ago

Rethinking the use of quantitative easing for macro stimulus

Quantitative easing (QE) has been a pivotal monetary policy tool during periods when short-term interest rates are pinned at the…

4 weeks ago

The AI premium

Artificial intelligence is already reshaping the economy and society. This column analyses how AI affects firms, markets, and workers using…

4 weeks ago

Beyond the snapshot: How poverty really unfolds over time in the EU

Poverty is not a static condition but a dynamic process, and measuring it as such reveals challenges that annual snapshots…

4 weeks ago

Digital banks, social media, and the competition for deposits

The rapid digitalisation of banking and the widespread use of social media are transforming competition for retail deposits. Using US…

4 weeks ago