Exchange Rates
Persistent deviations from the covered interest parity no-arbitrage condition are viewed as evidence of the new and central role of balance sheet constraints and financial
October 22, 2026
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Article & News
Author: GECMagz
Economy
Geopolitical tensions are often seen as a source of inflation. But this is only part of the story. This column shows that geopolitical shocks transmitted
October 22, 2026
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Innovation
Existing views on what venture capital finances and how its markets are structured are primarily shaped by the experience of the US and a few
October 19, 2026
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Uncategorized
Nonbank financial institutions are often seen as procyclical lenders, cutting credit more sharply than banks during stress, while bond markets can substitute for bank lending
October 19, 2026
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Artificial Intelligence
Estimates of AI’s employment effect disagree in size and even in sign. This column argues the disagreement is built into the measurement: AI substitutes for
October 19, 2026
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Education
Whether teaching a cognitive skill remains valuable in this era of AI is a crucial question in education and for firms. This column reports on
October 19, 2026
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Trade
China’s trade surplus is widening, its manufactured exports are surging, and the political backlash is intensifying. This column argues that the widening trade surplus reflects
October 16, 2026
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Finance
Geoeconomic risk has become a first-order concern for investors. This column shows that domestic US stocks expose investors to substantial geoeconomic risk through firms’ global
October 16, 2026
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Education
Whether teaching a cognitive skill remains valuable in this era of AI is a crucial question in education and for firms. This column reports on
October 16, 2026
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Energy
Europe’s output losses proved limited following the 2022 cutoff of Russian gas flows, yet inflation rose sharply. This column uses weather variation and gas-market events
October 16, 2026
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