Measuring human capital: Learning matters more than schooling
Human capital is a critical component of economic development. But the links between growth and human capital – when measured by years of schooling –...
Human capital is a critical component of economic development. But the links between growth and human capital – when measured by years of schooling –...
EU-wide stress tests have constituted a very useful supervisory tool for increasing the resilience of the EU banking sector. This policy brief claims...
Steep falls in entrepreneurial activity were recorded in early 2020 across G7 economies. In the US, however, the creation of US startups shot up by 24...
Bankruptcies have fallen sharply in OECD economies because of the array of COVID-related support available to businesses, as well as imposed moratoria...
While the direct economic consequences of Covid-19 have been significant, the impact on the financial markets has been more nuanced. This column uses...
Last week brought welcome news about the apparent effectiveness of a potential Covid-19 vaccine. While the challenges of manufacturing and...
Financial crises invariably lead governments to intervene in one way or another, whether to ease the damage to middle-class voters, to respond to the...
Furlough is here to stay – in the UK, at least until March. The author argues that making part of furlough income portable would encourage people to...
The commuter hub was key to the spread of COVID-19 in London. The authors of the article estimate it contributed to over 42% of all London cases. When...
Faced with the prospect of hundreds of thousands of businesses going under, the UK changed its bankruptcy laws in June. Other G7 countries that put...
Changes to maternity leave and pension regulation, among other policy tools, can lessen the burden on women.
The ageing of the population has implications for inequality, productivity and monetary and fiscal policy, write Charles Goodhart and Manoj Pradhan
Tourism has taken an enormous hit during the pandemic. Simeon Djankov (LSE) looks at some of the ways governments are trying to revive the sector –...
In some countries, COVID-19 has prompted property transactions to move online, and in these places the market has picked up as a result. It represents...
In a world of limited public capacity, which rules and institutions that protect property rights have the largest impact on economic activity? This...
France and Germany have announced big recovery plans. Simeon Djankov looks at what they have in common – and what’s missing from both.