IFDP Paper: Expanding the Labor Market Lens: Two New Eurozone Labor Indicators

Ece Fisgin, Joaquin Garcia-Cabo, Alex Haag, and Mitch LottWe present a principal component analysis of euro area labor market conditions by combining information from 22 labor market indicators into two comprehensive series. These two novel indicators provide a systematic view of the current state and forward-looking direction of the euro-area labor market, respectively, and demonstrate superior forecasting performance compared to existing indicators.

How can you be sure your clothing has been produced ethically?

Naomi Rahim/Getty Images/CanvaToday’s consumers are swimming in a sea of information. Products are marketed with big, bold words such as “sustainable”, “ethical” and “organic”. They sound good, they catch our attention, and they make us feel better about what we buy.

The reality is, in today’s market, figuring out which claims are true is no easy task.

Banning contactless and credit card surcharges won’t help – open banking reform is what’s needed

Jorge MataWe’ve all been there – absentmindedly tapping a credit or debit card to pay for something at a shop, only to remember moments later there is a 2.99% surcharge.

These surcharges are extra fees added to the total when a shopper opts for credit card and contactless payment rather than swiping and entering a PIN with a debit card.

When it comes to finance, ‘normal’ data is actually pretty weird

When business researchers analyze data, they often rely on assumptions to help make sense of what they find. But like anyone else, they can run into a whole lot of trouble if those assumptions turn out to be wrong – which may happen more often than they realize. That’s what we found in a recent study looking at financial data from about a thousand major U.S. companies.

Pages

Subscribe to Front page feed