GECMagz

Economic losses from climate change are probably larger than you think: New NGFS scenarios

As we approach COP29, modelling the relationship between climate variables – such as temperature and precipitation – and economic output…

1 year ago

The Medici’s quiet coup: How the wealthy bend politics without shifting institutions

In September 1433, Cosimo de’ Medici, the founder of the Medici dynasty, was summoned to appear before the Signoria, the…

1 year ago

The housing consumption channel of mortgage demand

It is well understood that real estate lending booms can cause financial crises and weak recoveries (Schularick et al. 2014).…

1 year ago

Economists should point their attention to the stars

The economics of space is no longer the province of science fiction. However, the economics profession has paid little attention…

1 year ago

What financial markets say about the economic implications of a potential Trump election victory

Some of Donald Trump’s policy proposals could have profound macroeconomic implications, but there is large uncertainty around the (net) economic…

1 year ago

Climate beliefs and asset prices

Climate-related risks are now a recognised factor in financial decision-making and therefore in the prices of assets. Two types of…

1 year ago

Spillovers to emerging markets and investor heterogeneity

An important question in international macroeconomics is the degree to which advanced economy (AE) investors impact the economic policies of…

1 year ago

The ‘hidden giant’: How official statistics underestimate the true scale of global services trade

Trade in services has been relatively neglected in trade policy debates. This column argues that this is partly due to…

1 year ago

A Brighter Future: The Power of Energy Access to End Poverty

For this year\'s End Poverty Day, I want to highlight one of the most pressing issues we must address to…

1 year ago

Avoiding Juris-fiction: a way forward for transparent, risk-based AI experimentation in justice and the rule of law

The promise of artificial intelligence (AI) to ease the burden on judicial and legal systems worldwide is real, evidenced by…

1 year ago