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Competition policy Healthcare competition saves lives Competition and stability in banking E-commerce and the market structure of retail industries Catching cartels: A new toolkit IBM and Microsoft: Tying + dominance = abuse? Measuring management practices Bailing out the banks: reconciling stability and competition Bailing out the Banks: Reconciling Stability and Competition Bailing out the banks: Reconciling stability and competition When a merger softens competition: the Oracle-Sun Case More Competition policy articles		Development Can carbon labelling be development friendly? Islam, institutions and economic development China and India: Those two big outliers Does trade liberalisation empower women? Evidence from 1990s Mexico Producing superstars for the economic World Cup: New evidence from Mexico The brain drain: New evidence The automotive industry in developing countries: Ready to move up a gear? Trade in natural resources and the WTO How firms start exporting: New evidence from Mexico The evolution of agricultural trade flows More Development articles
Education Producing superstars for the economic World Cup: New evidence from Mexico The effect of home computer use on children’s outcomes The university as an internal labour market It pays to speak English Educational attainment in the world, 1950–2010 Education helped Prussia catch up in the Industrial Revolution The good, the bad, and the average: Ability peer effects in schools The gender of American academic leaders matters The impact of class size on the performance of university students Why it matters who leads research universities More Education articles		Energy The distributional burden of cap and trade Local currency bond markets in the Gulf Cooperation and lessons from East Asia New risk-adjusted forecasts of oil prices How does the stock market respond to petrochemical disasters? Is China trying to “lock up” the world’s natural resources? Oil windfalls and living standards: New evidence from Brazil The price of oil and the macroeconomy Must natural resources be a curse? Can renewable energy save the world? Oil prices and bank profitability More Energy articles
Environment Can carbon labelling be development friendly? Ambiguity is another reason to mitigate climate change Is concern for the environment a luxury good? Evidence from Google searches Trade in natural resources and the WTO The distributional burden of cap and trade The evolution of agricultural trade flows Tax policies for low-carbon energy Which level of government should regulate air pollution? Global environmental problems need regional solutions Urgently needed: A global green New Deal More Environment articles		EU institutions Stress tests: a success for cooperation and transparency - and also very good for Spain EU patent: Good for innovation and revenue, bad for lawyers The European bicycle must accelerate Drawing a line under Europe’s crisis Germany spending is not the cure The long shadow of the fall of the wall Fiscal policy at a crossroads: The need for constrained discretion New eBook: Completing the Eurozone rescue: What more needs to be done? The narrative outside of Europe about Europe’s fiscal crisis is wrong A credible Stability and Growth Pact: Raising the bar for budgetary transparency More EU institutions articles
EU policies European financial vulnerability and the need for a rules-based international monetary system The failure of the Lisbon strategy Childcare and mothers' labour supply in southern Europe A proposal for rethinking the euro-area entry criteria Winners and losers of the next CAP reform Immigration to the land of redistribution Multinational banks and European financial integration A programme for European action on the financial crisis Keep it simple: Policy responses to the financial crisis What EU leaders must do to avoid banking crisis in Eastern Europe More EU policies articles		Europe's nations and regions Cutting the corruption tax: A way out for Greece European banks: Distinguishing the walking wounded from the living dead Budget cuts in Europe: The "virtuosi" and the "laggards” Budget cuts across Europe: Coordination or diktat? Leaving the euro: Lessons from Argentina Boom and bust in the Baltics Ending the scourge of dual labour markets in Europe Three debts: A view from emerging Europe Spooking the markets: Politicians, confusion, and the Eurozone crisis Germany’s super competitiveness More Europe's nations and regions articles
Exchange rates Exchange Rate Regimes in the Modern Era: Fixed, Floating, and Flaky A New Keynesian Open Economy Model for Policy Analysis Leaving the euro: Lessons from Argentina Will abandoning the dollar peg help China rebalance its economy? How durable is the hard peg of the euro? Be careful what you wish for! The US-Sino currency dispute Should larger reserve holdings be more diversified? The gold standard and the eurozone crisis So, yuan to fight about it? Is an undervalued renmimbi the source of global imbalances? More Exchange rates articles		Financial markets Economic consequences of speculative side bets: The case of naked CDS Strengthening the financial system: The benefits outweigh the costs Mel Brooks and the bankers European banks: Distinguishing the walking wounded from the living dead Fault lines: how hidden fractures still threaten the world economy Two centuries of commercial banking: crises, bailouts, mergers and regulation One fix for the US mortgage default problem New thinking on executive compensation: Pay CEOs with debt Fixing the financial system Disasters, recoveries, and the equity premium More Financial markets articles
Frontiers of economic research In memory of Angus Maddison (1926 – 2010) Does happiness affect productivity? Upping their game? The impact of new contracts on football referees’ performance Monetary theory from a Chinese historical perspective One fix for the US mortgage default problem Car thieves: Not too bright, please! Race, discrimination, and iPods: Experimental evidence from online markets They think it’s all over: National identity, scoring in the last minute, and penalty shootouts A silver lining lurks behind the dark clouds The price of a precious commodity: “Water trading” in Australia More Frontiers of economic research articles		Global crisis “Low for long”: A risky but necessary interest rate policy Economic consequences of speculative side bets: The case of naked CDS Measuring the output responses to fiscal policy Do countries “graduate” from crises? An historical perspective Interest rates and the US housing boom: A call for more research Prices vs quantities in the great trade collapse: New evidence A wake-up call for bank lending standards Is concern for the environment a luxury good? Evidence from Google searches Strengthening the financial system: The benefits outweigh the costs Welfare to work: Sticks rather than carrots More Global crisis articles
Global economy A helicopter drop for the US Treasury A New Keynesian Open Economy Model for Policy Analysis It takes less than a sovereign default to cause instability How housing slumps end Calling recessions in real time The Cinderella of regulatory reform? Why cross-border resolution shouldn’t be neglected Why Germany should not listen to the US Rebalancing the Global economy: A Primer for Policymaking Does trade openness foster financial development? A trade theorist’s take on global imbalance More Global economy articles		Global governance Corruption, institutions, and firm productivity The Dodd-Frank Act, market-based measures of systemic risk and stress tests Are macro-prudential policies really that prudent? Reforming global economic governance: A strategy for middle powers in the G20 Debt and growth revisited The dollar question: Where are we? Three birds with one stone: The G20 and systemic externalities Doha and development: Market access, trade costs and aid for trade The WTO dispute settlement system would survive without Doha Needed: A new approach to reduce regulatory barriers to trade More Global governance articles
Health economics 100 years of US obesity Healthcare competition saves lives Overweight adolescents and risky sexual behaviour Life expectancy around the world The long-term impact of life before birth Are you what you eat? Jobs and kids: Female employment and fertility in rural China Consumer adverts for pharmaceuticals: Impact on prices and sales Explaining fertility trends in Russia Sex and drinking More Health economics articles		Industrial organisation Size matters: the global operations of European firms Measuring management practices Economics of digital media Multinational firms, agglomeration, and global networks Music for a song: The revenue potential of non-uniform pricing
Institutions and economics Islam, institutions and economic development In memory of Angus Maddison (1926 – 2010) Send lawyers, guns, and money: Deals versus rules in Africa Monetary theory from a Chinese historical perspective Global safety nets: The IMF as a swap clearing house The political resource curse Institutions matter for growth – but which ones and how much? Sovereign wealth funds: government as institutional investor The enlightened economy: how ideas drive growth Scroogenomics: why you shouldn’t buy presents for the holidays More Institutions and economics articles		International finance A wake-up call for bank lending standards The Dodd-Frank Act, market-based measures of systemic risk and stress tests Stress tests: a success for cooperation and transparency - and also very good for Spain Competition and stability in banking Debt and growth revisited Unusual is usual during a crisis Chinese foreign direct investment: What's happening behind the headlines? The dollar question: Where are we? A safer world financial system A Safer World Financial System: Improving the Resolution of Systemic Institutions More International finance articles
International trade “Low for long”: A risky but necessary interest rate policy Contagious FTAs: New evidence on the domino theory of regionalism Prices vs quantities in the great trade collapse: New evidence Does trade liberalisation empower women? Evidence from 1990s Mexico The automotive industry in developing countries: Ready to move up a gear? Can the US raise employment with more exports? Trade in natural resources and the WTO Global imbalances: Lessons from historical reversals How firms start exporting: New evidence from Mexico Rebalancing the global economy will require coordination and a collective responsibility More International trade articles		Labour markets Does trade liberalisation empower women? Evidence from 1990s Mexico Producing superstars for the economic World Cup: New evidence from Mexico Welfare to work: Sticks rather than carrots Can the US raise employment with more exports? Gender gaps in performance pay Does happiness affect productivity? Upping their game? The impact of new contracts on football referees’ performance Introducing a free database of nearly all jobs for PhD economists Immigrants and US Innovation New thinking on executive compensation: Pay CEOs with debt More Labour markets articles
Macroeconomic policy Measuring the output responses to fiscal policy A New Keynesian Open Economy Model for Policy Analysis Output revisions and the stimulus debate Competition and stability in banking European banks: Distinguishing the walking wounded from the living dead To spend or not to spend: Is that the main question? What do we know about the causes of the crisis? Just how risky are China’s housing markets? Fiscal consolidation as a policy strategy to exit the global crisis Ten commandments for fiscal adjustment in advanced economies More Macroeconomic policy articles		Microeconomic regulation The US financial reform bill: Hit or flop? Do inefficient stock markets drive bad corporate governance? Do public guarantees influence bank risk taking? Evidence from a natural experiment Dividend restrictions as macroprudential regulation Mobile regulation and the “waterbed effect” Risk, reward and responsibility: The financial sector and society How US personal bankruptcy reform exacerbated the US housing crisis The benefits of government outsourcing The economics of open-air markets Reducing media bias through regulation More Microeconomic regulation articles
Migration The brain drain: New evidence Immigrants and US Innovation The crisis and the developing countries Migration in Latin America: Answering old questions with new data Social networks and the massive migration within China Productivity and migration: New insights from the 19th century Do immigrants create exports? New evidence from Spain Race against time: New insight on the growth effect of ethnic fractionalisation Making migration work after the crisis The fiscal effects of A8 migration to the UK More Migration articles		Monetary policy “Low for long”: A risky but necessary interest rate policy A New Keynesian Open Economy Model for Policy Analysis Beyond the zero lower bound on nominal interest rates The low-interest-rate trap The fall and rise of central banking Exit strategies for central banks: Lessons from the 1930s European financial vulnerability and the need for a rules-based international monetary system Love letters from Iceland: Accountability of the Eurosystem Buiter’s warning: Who is the recapitaliser of last resort for the ECB? Rethinking monetary policy – lessons from the crisis More Monetary policy articles
Politics and economics Corruption, institutions, and firm productivity Cutting the corruption tax: A way out for Greece The political economy of the subprime crisis The electoral consequences of large fiscal adjustments The global crisis and political extremism Political protest and reform: Lessons from communism’s demise Economical crime control Beijing blinks first – the currency debate in diplomatic context Why cap-and-trade should (and does) have appeal to politicians Free trade agreements: Do they help keep the peace? More Politics and economics articles		Poverty and income inequality Does trade liberalisation empower women? Evidence from 1990s Mexico Fault lines: how hidden fractures still threaten the world economy Inclusive crises and exclusive recoveries? Declining Latin American inequality: Market forces or state action? Bankers’ bonuses: Claw-back clauses are critical Would freeing up world agricultural trade reduce or increase poverty? New evidence on the social context of wellbeing The impact of the financial crisis on poverty and income distributions The global crisis hits home: New evidence from Europe and Central Asia Economic inequality during recessions More Poverty and income inequality articles
Productivity and Innovation Producing superstars for the economic World Cup: New evidence from Mexico Does happiness affect productivity? E-commerce and the market structure of retail industries The effect of home computer use on children’s outcomes Immigrants and US Innovation EU patent: Good for innovation and revenue, bad for lawyers From hard to soft industrial policies in developing countries What determines productivity? Why do women leave science and engineering? Picking the winning way: The right policy to support entrepreneurs More Productivity and Innovation articles		Taxation Estate taxation and intergenerational transfers: New evidence from Italy How tax policy drives the structure of stock ownership Do you really want to tax ability? Tax deductions and tax reform Public finance: theory, evidence and policy Policy priorities for the Obama administration Evaluating fiscal stimulus measures A common EU approach to corporate taxation Tax and multinational firm location decisions Did the 2008 US tax rebates work? More Taxation articles
Welfare state and social Europe Welfare to work: Sticks rather than carrots Ending the scourge of dual labour markets in Europe Explaining fertility trends in Russia The portfolio effects of pension reforms: Evidence from Italy Private delivery of public services Can income transfers to poor families help children? How should governments finance the demographic shift? Protecting poor children in the US The psychology of savings and investment Welfare state generosity and immigrants’ skills More Welfare state and social Europe articles