GECMagz

Winners and losers from the energy crisis: Policy lessons from the Iberian electricity market

Europe’s recent energy crisis generated large windfall rents for electricity producers. Yet, most EU governments responded with costly downstream measures…

12 months ago

AI misinformation and the value of trusted news

Artificial intelligence tools can now produce highly realistic text, images, and videos at almost no cost, prompting concerns that the…

12 months ago

Economic impact of US tariff hikes: Significance of trade diversion effects

The 2025 US tariff increases varied significantly across most economies. This column argues that the economic impact of these tariffs…

12 months ago

Reaching the public: How direct central bank communication anchors citizens’ inflation expectations

While the inflation expectations of professional forecasters and firms are well anchored around inflation targets, the inflation expectations of citizens…

12 months ago

The economic impact of European capital market integration

Economic growth in Europe continues to trail behind that of the US, largely due to smaller productivity gains. A key…

12 months ago

How AI chatbots can improve voter information

Citizens need clear, accessible information to make informed decisions, but today’s digital landscape can be overwhelming. This column tests whether…

12 months ago

Reaching the public: How direct central bank communication anchors citizens’ inflation expectations

While the inflation expectations of professional forecasters and firms are well anchored around inflation targets, the inflation expectations of citizens…

12 months ago

Easy money, easy spending: A new take on the resource curse

When wealth or income suddenly increases, colloquially referred to as ‘easy money’, this may be directed towards unproductive use, referred…

12 months ago

When aid kills: How foreign assistance can fuel political violence

Western donors drastically cut foreign aid in 2025, reigniting the familiar debate over whether aid works. This column examines how…

12 months ago

Prudential instruments and the recent inflationary episode

Since the Global Crisis, prudential instruments to address financial stability concerns have been enhanced and broadly adopted across countries. Using…

12 months ago