GECMagz

Distance from innovation is a barrier to the adoption of artificial intelligence

The extent to which geographic distance is a barrier to technological knowledge transfer is of interest to governments of countries…

2 years ago

The distributional consequences of trade: Evidence from the Grain Invasion

One of the classic insights from international economics is that there are winners and losers from trade. Recent research has…

2 years ago

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…

2 years 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…

2 years 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).…

2 years 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…

2 years 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…

2 years 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…

2 years 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…

2 years 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…

2 years ago