There is general agreement that a currency’s safe-haven status can be gauged by its response to changes in financial volatility.…
Technological innovation is a driving force for economic growth and social change. In particular, disruptive innovation has the potential to…
The stock market participation puzzle (Campbell 2006) – the observation that few households invest in the stock market – has…
Inequality is a major concern for many economies, as it shapes social stability, economic growth, and overall wellbeing. Across the…
Many European countries have adopted the American model of doctoral training and academic evaluation. While this model suits America’s vast,…
Economic growth in Europe continues to trail behind that of the US, largely due to smaller productivity gains. A key…
Commodity prices have historically been considered leading indicators of inflation, but the relationship has weakened since the mid-1980s, making them…
Infrastructure diplomacy has become a central arena for strategic competition. This column examines how China’s Belt and Road Initiative has…
Economic historians have long debated whether lagging regions can catch up in productivity with industrial leaders. This column shows that,…
Extreme heat events are becoming more frequent and intense with climate change. Children are particularly vulnerable to such environmental stressors.…