While the planet’s supply-chain issues have roiled industries and hit consumers with higher costs, the convulsions have also presented an opportunity for generous profits for some investors. Mangrove Partners in New York bought four Panamax…
Technology diffusion trajectories: New evidence
The diffusion of novel ideas is in itself an important source of innovation when their adoption by others instigates improvements to the initial idea and/or identifies new applications. Rosenberg (1982), Dosi (1991), and Hall (2004),…
Understanding what works for active labour market policies
Having an effective set of active labour market policies (ALMPs) is essential to meet the challenges that automation, globalisation and demographic change impose on the labour market. Active Labour Market Policies are a general denomination…
New monthly indices of the British stock market,…
Stock market indices around the world are near historic highs. During the past ten years, the FTSE 100 has almost doubled, the DAX trebled, and the S&P500 quadrupled. Including dividends, the returns are even higher.…
The impact of Brexit on UK firms
Nicholas Bloom, Philip Bunn, Scarlet Chen, Paul Mizen, Pawel Smietanka, Gregory Thwaites 04 September 2019 More than three years have passed since the EU referendum, but uncertainty surrounding the process of the UK’s withdrawal from…
Costs of employment and flexible labour demand
Costs of employment and flexible labour demand: Evidence from maternity and parental leave reforms Persistent gender gaps in employment and wages exist in many OECD countries. These gaps appear most prominently around childbirth, a phenomenon…
Self-selection and sorting among refugees and irregular migrants…
About one million refugees and irregular migrants arrived in Europe in 2015 alone, and a further 0.4 million in 2016.1 Knowing their motivations, socio-demographic characteristics, and intended destination countries is important for several reasons. First, information…
Pound Rebounds as Johnson’s Parliament Defeat Dims No-Deal…
Want the lowdown on European markets? In your inbox before the open, every day. Sign up here. The pound rallied 1% and gilts slid as investors saw a lower risk of a no-deal Brexit following…
EU Nationals Cant Trust Brexiters on Migration
Protests against Boris Johnson. Photographer: Luke MacGregor/Bloomberg Photographer: Luke MacGregor/Bloomberg As crowds gathered last week to protest U.K. Prime Minister Boris Johnson’s decision to suspend Parliament ahead of Brexit, a distraught woman pushed her way…