The productivity-employment nexus: Micro-to-macro insights from 13 countries

Sara Calligaris, Flavio Calvino, Martin Reinhard, Rudy Verlhac The impact of productivity on employment stirs debate amid fears of the technology’s negative effect on labour demand. This column discusses how productivity growth affects employment dynamics at various levels of aggregation, based on data from 13 countries spanning the last two decades. The findings uncover a […]

Alex Cukierman, a pioneer of central bank independence

Donato Masciandaro, Davide Romelli  4 Nov 2023 Alex Cukierman, who passed away in October 2023, was one of the founders of the economics and political economy of central bank independence. This column outlines his contributions to the birth and evolution of this strand of research, which analyses the link between central bank regimes and the […]