Since 2010, a growing proportion of doctoral graduates have been taking jobs outside academia. This column explores where elite early-career…
Safe government bonds enjoy a discount known as the convenience yield. When a government issues more debt, it erodes this…
GLP-1 drugs have transformed the treatment of type 2 diabetes and obesity. As governments and insurers debate whether and how…
Economists have long viewed monetary policy as influencing labour demand, with little effect on labour supply. This column discusses four…
Multinational firms tend to earn higher stock returns than purely domestic firms, raising questions about what drives their differential exposure…
Transition risks related to climate change are increasingly recognised in equity and bond markets. This column uses syndicated loan tranches…
Trade growth stalled after the Global Financial Crisis, and world trade is now splitting along geopolitical lines. This poses a…
Globally declining birth rates have, over the last seven decades, slowed population growth and raised average ages. This column argues…
Quantitative easing (QE) has been a pivotal monetary policy tool during periods when short-term interest rates are pinned at the…
Artificial intelligence is already reshaping the economy and society. This column analyses how AI affects firms, markets, and workers using…