A review of the child penalty literature

Slashing excessive investment seems to be easier than ramping up domestic consumption. Net exports, supported by FX management, seem to be making up the difference.

Les débats sur la dépense d’éducation, souvent jugée trop élevée, sont biaisés par les règles de calcul de la retraite des fonctionnaires d’Etat, juge l’économiste Julien Grenet.

Ending the war on poverty will take more than cash transfers

An interview with the social psychologist Adam Mastroianni about American aloneness and why the secret to great conversations is ... "doorknobs."

AI may be a hot topic, but there isn't strong evidence that it’s responsible for the weaker labor market for recent college graduates.

Who will train the next generation?

Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, an...

He will not like the remedy, however

Si la crise inflationniste des années 2022 et 2023 a remis la question du pouvoir d’achat au centre des préoccupations des Français, elle a aussi ravivé les

Another common economic narrative that's out of date.

Beijing’s aggressive pursuit of energy self-sufficiency could give it the upper hand in the trade war with the US

It's more to do with automation and state-of-the art manufacturing processes than cheap labour.

Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, an...

On the significance of safe asset shortages

Les débats récents ont fait émerger, entre autres, l’idée d’une modération des dépenses de retraite par le biais d’une revalorisation des pensions inférieure au taux prévu par la Loi, à savoir l’infla...

Thoughts on the U.S.'s so-called exorbitant privilege.

Eli Lilly said clinical results of its GLP-1 in pill form showed safety and efficacy data similar to blockbuster injectable drugs.

By Sébastien Turban, Economist, OECD Türkiye has been one of the fastest-growing economies in the OECD over the past decade, leading to a significant improvement of labour market and social outcome…

China seized mines and built factories. Japan took note and invested in Australia. But the United States did little despite concerns about control of supplies.

Scholars say that the Trump administration is now flirting with lawless defiance of court orders, a path with an uncertain end.

As immigration continues to shape the demographic makeup of developed countries, understanding the factors that promote successful integration across generations becomes increasingly important. This column uses data from 15 immigrant-receiving countries to reveal large income gaps for first-generation immigrants that diminish in the second generation in many destinations. Lower rates of mobility for sons than daughters of immigrants suggest a need for gender-specific integration strategies, while the fact that parental country of origin does not drive cross-country differences in mobility suggests that immigration selection policies focused on country of origin may be less important for integration than pathways to success for second-generation immigrants.

Residents of tourist hotspots have long demanded that Airbnb-style letting platforms be banned. But booking numbers in Europe — and housing costs — are still rising

A presidential decree instructing the Justice Department to scrutinize whether a former official broke the law crosses a new line.

In the wake of Brexit and Trump trade war, central banks face the need to reconsider the role of monetary policy in managing the inflationary-recessio…

The barges, which link up to form a bridge, could give China a way to land large numbers of vehicles and troops on Taiwan, solving a major logistical problem.

Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, an...

It's not. No matter how many times people (even economists) say they are.

The digital revolution has transformed daily life, offering benefits like improved healthcare and remote work while introducing challenges such as excessive screen time, cyberbullying, and data pri…

The Nordic countries appear to have developed a social and economic model that combines prosperity with equality. This column identifies four key pillars of the Nordic model: (1) substantial public investment in essential services, (2) influential labour unions, (3) high public expenditure on social insurance, and (4) high and progressive taxation. Equality in hourly pay, linked to high union density and strong coordination in wage bargaining, is the main reason for lower earnings inequality in the Nordics. Further research is needed to determine the implications of this for productivity and growth and whether the model is replicable.

Professional business models may need to change if novices lose the opportunities to learn and progress when AI takes over their work

Documents and insiders reveal how one of the world’s major money laundering networks operates.

Modern-day populism thrives on economic anxieties, and can be associated with both the ideological left and right.

Economic policy insight #1: A price is a signal wrapped in an incentive.

Global fertility rates are falling, with major economic consequences. Conventional policies like parental leave and financial incentives have had limited impact. This column presents new evidence from Brazil’s housing credit lotteries, showing that early access to homeownership significantly boosts fertility rates. Housing affects family planning through affordability, stability, and relocation to better environments. Policymakers should consider housing reforms – such as subsidies and zoning changes – to support young families and address demographic challenges.

A look at global inflation trends since the onset of the pandemic and how they may result from correlated or global shocks.

Trump’s tariffs are bad enough, but Xi is fundamentally distorting world trade to dig China out of the hole its economic decisions have created.

By screening films in a brain scanner, neuroscientists discovered a rich library of neural scripts — from a trip through an airport to a marriage proposal — that form scaffolds for memories of our exp...

Germany’s manufacturing sector has struggled since 2021 due to rising energy costs, weak global demand, and a declining automotive industry. This column describes how higher gas consumption in energy-intensive industries, trade fragmentation, and competition from China have hit Germany harder than other euro area economies, and shows that shocks in German industry significantly impact neighbouring countries. With energy prices high and demand subdued, challenges for Germany’s manufacturing sector – and its European partners – are set to persist.

By Patrizio Sicari and Müge Adalet McGowan. Over recent decades, Ireland has seen significant gains in living standards, alongside a gradual decline in income inequality. These improvements are lar…

Por Ascensión Andina Díaz y José Antonio García Martínez Consustancial a la condición humana está el compararnos con otros. ¿Quién no se ha sorprendido preguntándose a sí mismo si es mejor, más int...