GECMagz

Tariffs are coming: How trade dynamics will shape aggregate demand and inflation

Donald Trump has promised a raft of new tariffs, prompting concerns about a concomitant increase in inflation. This column argues…

11 months ago

Navigating the green transition: Decarbonization, trade, and labor markets in MENA

The Middle East and North Africa (MENA) region is highly vulnerable to climate change, with 60 percent of its population living…

11 months ago

Bhutan\’s climate resilience: Ten years of partnership and a path forward

In the heart of the Himalayas, Bhutan, the kingdom that pioneered Gross National Happiness, faces an unprecedented challenge from climate-induced…

11 months ago

Unlocking opportunities: How Tajikistan can make borrowing affordable

Think of a typical entrepreneur in Dushanbe, with dreams of expanding business. Their products might be in high demand, yet…

11 months ago

A European climate bond

Tackling climate change requires huge resources and a quick policy response (IPCC Working Group III 2022): the faster greenhouse gas…

11 months ago

Financial conditions matter more than interest rates: A new framework for monetary policy

The Federal Reserve’s policy rate stands at 4.5%, dramatically higher than its pre-COVID level of around 1.5%–2%. This sharp tightening…

11 months ago

Housing wealth across countries: The role of expectations, institutions, and preferences

Homeownership rates and housing wealth differ immensely across countries. Using a life-cycle model with housing wealth estimated on micro data…

11 months ago

Raising legal drinking ages: An opportunity to improve European educational outcomes

Teenage drinking remains widespread in Europe. To address concerns about its negative effects on health and cognition, many European countries…

11 months ago

The impact of financial deglobalization

Recorded at the CEPR Paris Symposium.  For several decades, global financial markets have been increasingly integrated. But has that process…

11 months ago

Central bank business surveys: Version 2.0

Sample surveys have been a fundamental tool for capturing policy-relevant heterogeneities among agents, especially firms, and remain crucial for providing…

11 months ago