Can the world quit coal?
A fisherman looks at the Suralaya coal-fired power plant in Cilegon, Indonesia, in 2023.
The threat of sabotage from China is growing. That’s not an excuse to erode Australians’ freedoms
Jakub Porzycki/NurPhoto via Getty ImagesWarnings this week from the Australian Security Intelligence Organisation (ASIO) about sabotage threats marked an important shift in tone.
And they raise important questions about how the Australian government should respond.
Megan Greene reappointed as external member of the Monetary Policy Committee
Megan Greene has been reappointed as an external member of the Monetary Policy Committee by the Chancellor of the Exchequer, Rachel Reeves
Black and Latino homeowners in Philly face discrimination when appraisers assess their properties
Home appraisal bias contributes to racial wealth disparities and violates the Fair Housing Act.
Jeff Fusco/The Conversation U.S., CC BY-SAFor most families, owning a home is the primary way to accumulate wealth and transfer that wealth to future generations.
Global companies are still committing to protect the climate – and they’re investing big money in clean tech
Electric delivery vehicles powered by renewable energy are helping several multinationals lower their emissions.
Global companies are still committing to protect the climate – and they’re investing big money in clean tech
Electric delivery vehicles powered by renewable energy are helping several multinationals lower their emissions.
Supply chain decoupling in green products: a granular input-output analysis
This paper introduces a novel methodology to enhance the granularity of Inter-Country Input-Output (ICIO) tables. While our general methodology can be applied to any products of interest, we show that the well-documented distortions caused by sectoral aggregation in ICIO tables are particularly pronounced for products with a low substitutability, such as those essential to the green transition (e.g. electric batteries, rare earths). We therefore apply our framework to construct a disaggregated ICIO table that singles out 129 products essential to the energy transition.
Supply chain decoupling in green products: a granular input-output analysis
This paper introduces a novel methodology to enhance the granularity of Inter-Country Input-Output (ICIO) tables. While our general methodology can be applied to any products of interest, we show that the well-documented distortions caused by sectoral aggregation in ICIO tables are particularly pronounced for products with a low substitutability, such as those essential to the green transition (e.g. electric batteries, rare earths). We therefore apply our framework to construct a disaggregated ICIO table that singles out 129 products essential to the energy transition.
Bank of England, Monetary Authority of Singapore, and Bank of Thailand to explore synchronised FX settlement across borders
The Bank of England, the Monetary Authority of Singapore, and the Bank of Thailand announced a collaboration to explore the technical and policy implications of settling foreign exchange (FX) transactions using synchronised settlement mechanisms.
And yet we move: evidence on job-to-job transitions in the euro area
Job-to-job transitions in the euro area are a complementary indicator to standard labour market statistics. These flows, defined as transitions between jobs without a spell of unemployment, capture important adjustment mechanisms in addition to the unemployment rate. Using administrative data for Germany, Spain and France, our analysis highlights the procyclical nature of job-to-job transitions: mobility declines during downturns and rises during expansions. Heterogeneity is also evident across occupations and age groups.
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