Romesh VaitilingamBrexit raised consumer prices by 2.9%, costing the average household £870 a year: new evidence on the impact of the sterling depreciation & exchange rate pass-through @cepr_org@CEP_LSE
4h
The new European Commission is considering the introduction of a ‘carbon border tax’. This column argues that the current EU legal framework and earlier policy proposals for border carbon adjustments
Romesh VaitilingamEuropean #GreenNewDeal - @voxeu analysis of how a 'carbon border tax' might work; for a start, it's most likely to be implemented through an extension of the current EU emissions trading system rather than a newly created tax
5h
The auction market provides important information regarding prices to a host of players, including buyers, sellers, investors, students of art history, and even economists. Already dominating the
Romesh VaitilingamHow art auctions really work, @voxeu analysis of the Christie’s & Sotheby’s duopoly
16h
Our study explores the importance of these two factors – technological innovation and regulatory arbitrage – in the New York City taxi market. Our study is part of an emerging body of research in economics that explores the implications of...
Romesh VaitilingamThe impact of new entry in regulated transport markets: evidence from New York City taxis @micro_econ
46h
A key influence on the location decisions of multinationals is thought to be the ‘knowledge–distance trade-off’ – how far apart headquarters are from foreign subsidiaries, and the impact this has on
Romesh VaitilingamMultinationals' location decisions depend not just on transport costs but also ease of communication between HQ & foreign subsidiaries related to management, monitoring, coordination & troubleshooting - @dany_bahar on time zones & knowledge transfer @voxeu
46h
Economic anxiety and insecurity are often cited as drivers of populism, so why has populism emerged over the past few years in rich countries and in good times? This column, part of the Vox debate on
Romesh VaitilingamPopulism in the form of anti-globalisation may reduce everyone’s consumption, but it affects the rich disproportionately & thus appeals to many voters in richer countries; in poorer countries, voters less willing to give up consumption for equality, @voxeu
47h
Artists and music labels have always had to negotiate with the platforms that provide their content to listeners. This column examines the ways that digital platforms, and YouTube in particular, have
Romesh VaitilingamYouTube works as an ‘anarchistic MTV’ for musicians: because everyone can upload content on YouTube (unlike MTV), the promotional effect of free music availability outweighs the substitution effect; this makes any exposure for artists good exposure, @voxeu
49h
Romesh VaitilingamWhen stock markets play a bigger part in the economy, polluting industries become cleaner - @ralphdehaas talks to @timsvengali about 'a green finance initiative under our noses' @voxeu
50h
Managing and motivating teachers is essential for providing basic reading and mathematics skills to children in early grades.
Romesh VaitilingamMotivating teachers to improve learning: evidence from #Tanzania on the impact of the KiuFunza incentive programme, which offers a small performance-linked bonus to early grade teachers to increase their teaching effort, @GlobaldevB
51h
Global trade in services increased six-fold between 1990-2017, representing a threat for workers but a growth opportunity for firms that source these services at lowest cost. This column examines the
Romesh VaitilingamFirms' ability to buy services they need at lower cost from overseas has been bad news for their low-skill employees, but helped the firms to improve their sales, assets, service exports & likelihood of staying in business, @voxeu evidence from #Finland
52h
The agendas and roadmaps for the future of digital policy in Europe have been debated extensively. This column proposes a menu of different policy instruments for the new European Commission in order
Romesh VaitilingamHelping parents to read with their children: evidence from a successful experiment in Paris, #VoxTalks conversation with @timsvengali@voxeu
52h
Populist parties tend to share an anti-establishment stance and the claim to represent ordinary people versus the elites. This column, part of the Vox debate on populism, argues that despite these
Romesh VaitilingamRising support for nationalist & radical-right parties might not be simply an ephemeral ‘protest vote’; there is a new political cleavage of winners & losers from structural economic changes (globalisation & automation) that might last a long time, @voxeu
3d
Romesh VaitilingamWould a ban on very short-term loans at very high annualised interest rates - aka #PaydayLending - make most people who use or might use them better off? Mixed opinions of top US economists, #IGMForum
4d
Mirko Draca of CAGE at the University of Warwick discusses the political polarisation that has emerged over the past few years over issues such as climate ch...
What is going on with economic expertise? Why is it that it is constantly depicted as simply based on opinion rather than facts, ask Marina Della Giusta, Sylvia Jaworska, Danica Vukadinović-Greetha…