Carbon pricing initiatives, in the form of carbon taxes or emissions trading systems, have mushroomed in the last two decades, providing an opportunity to better
Why don’t more households participate in the stock market? The two reasons often cited in the literature are risk aversion and frictions that prevent participation,
At the end of the 19th century in Italy, books and manuscripts were transferred from monasteries to public libraries, making much of the knowledge safeguarded
A race is raging among global powers to secure access to critical minerals to power the simultaneous energy and digital transitions the world is experiencing.
Integrating ethnic minorities in the classroom enriches the educational environment, but some studies find that it lowers student test scores. This column explores what may
Policies aimed at reducing economic fluctuations primarily focus on disruptive recessions, but booms may also have hidden costs. A rise in wages increases the opportunity
The 2023 Nobel Committee awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Claudia Goldin. Among her many contributions is
The ECB’s Governing Council moved to the preparation phase of the digital euro in October 2023. This column studies the implications of the digital euro
An extended period of benign funding conditions has changed corporate bond markets globally. This column shows how the investment grade segment has become dominated by
Achieving global net zero emissions requires rapid deployment of low-carbon technologies. Using online job postings from 35 countries, this column measures the diffusion of low-carbon