Payment stablecoins are set to become important financial instruments (TBAC 2025). This prospect has prompted recent regulatory initiatives for fully…
European firms tend to be smaller and less productive than US firms. Qualitative and survey-based evidence suggests that one key…
Existing evidence on carbon leakage is mixed. Early ex-post studies of carbon pricing typically found little evidence of leakage, largely…
Governments worldwide face mounting pressure to simultaneously expand domestic clean energy industries and accelerate decarbonisation. Recent policies combine subsidies for…
Existing evidence indicates that foreign direct investment promotes growth only when host economies have the human capital and deep financial…
The EU’s digital economy relies on investments by the telecoms industry to keep the bloc at the forefront of digital…
The US dollar is typically regarded as a safe-haven currency, but its status has been increasingly questioned following its depreciation…
Over the past decade, sustainable and ESG investing has grown rapidly. This expansion has been accompanied by increasing concerns about…
US Treasuries play a unique role in the global financial system. As Landau (2025) expounds in a recent VoxEU column,…
The long‑running debate on the income–democracy nexus contrasts two opposing views on the direction of causality. According to the modernisation view (Lipset…