Roel Beetsma et al. write for VoxEU arguing that a well-designed Capital Markets Union should support investment vehicles that allow pension funds to invest in unlisted equity while preserving diversification, transparency, and saver protection.
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VoxEU @ CEPR
Post-pandemic, mothers employed in jobs compatible with remote work experienced substantially higher earnings in the year following childbirth and were also more likely to remain in full-time employment.
G Basso, M De Paola, S Lattanzio, M Paradisi
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D Argente, P González-Alvarez, E Méndez, & D Van Patten show that instant payments can substitute for cash when adoption moves quickly beyond high-income early users. Systems must combine low adoption costs, dense networks, coordination, awareness, and trust.
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Saleem Bahaj et al. show that, following the Iran conflict, fundamental year-ahead inflation expectations increased by more in the UK than in the US or euro zone, and that markets expect inflation to be elevated beyond one year across jurisdictions.
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The post-COVID inflation surge was global, but inflation persistence was not. Patrick Imam & Tigran Poghosyan show that countries with histories of higher inflation and stronger energy pass-through experienced substantially more persistent inflation post-COVID.
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Lucas Davis compares natural gas prices in the US, Europe, and Japan and shows that the shale gas revolution has led to US consumers saving $164-$227 billion annually since 2007.
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Noah Kouchekinia, David Neumark, and Tim Bruckner find that US employment declines driven by local labour demand shocks are associated with cognitive decline of men ages 51-64, suggesting a role for work in slowing cognitive decline.
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S Guriev et al. demonstrate that social media users often struggle to distinguish true from false news, and interventions are far more effective when users are exposed to uncontroversial true news that they can reliably distinguish from false content.
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R Gaetani & A Whalley show that it is incumbent aerospace firms that are responsible for the US space-sector surge and most space-related patenting. The post-2005 entry of SpaceX, Blue Origin and others account for a growing but still minority share of patents.
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Scott Brave, Erin Crust, Stefano Eusepi, Bart Hobijn, & Ayşegül Şahin warn against the overreliance on a few indicators when analysing labour market signals and present four interpretable 'narrative factors' from 94 US labour market indicators from 1960 to 2026.
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