The calming of short-term market fear and its long-term consequences: The central banks’ dilemma
Gender-based violence blocks Pakistan’s economic development
Despite some advances in women’s rights in Pakistan, economic and political unrest has increased gender-based violence in the country. A system of...
A growth plan for Greece
In January 2020, the Greek government appointed a Commission to propose a growth plan for the Greek economy. The Pissarides Commission produced a...
A Growth Strategy for the Greek Economy
The Greek government appointed in January 2020 a Commission chaired by Nobel Prize winner Christopher Pissarides to propose a growth plan. The...
An Unconventional FX Tail Risk Story
We examine how the tail risk of currency returns over the past 20 years were impacted by central bank (monetary and liquidity) measures across the...
The Uneven Path Towards Women’s Rights in Argentina
Argentina’s progress towards legal equality for women has been slower than in most other Latin American countries. In 1971 Argentina’s score of 31 on...
On the use of artificial intelligence in financial regulations and the impact on financial stability
As the financial authorities increase their use of artificial intelligence (AI), micro regulations, such as consumer protection and routine banking...
What’s at stake for women in Argentina
The stakes are high for gender equality in Argentina, which has a chequered history in gender reform. Now the next president might be an extreme-right...
Market Power and Insurance Coverage
This paper examines how market power affects coverage in a general class of insurance models. We show that market power decreases coverage for...
Artificial intelligence and financial stability
The use of artificial intelligence in the private sector is accelerating, and the financial authorities have no choice but to follow if they are to...
The gap between perceptions and outcomes of women’s rights in the United Arab Emirates
The United Arab Emirates have taken steps to alleviate gender inequalities in its legal system, amending their labour, personal status and criminal...
The Sudden Surge in Gender Legal Reform in the UAE
Since 2017, the United Arab Emirates have introduced several gender legal reforms after decades of poor performance on economic and social equality...
Multinationals and Structural Transformation
We study the role of multinationals (MNCs) in facilitating firm-level and aggregate structural transformation. Using a stylized model of multinational...
