Mostly Economics

Martina Jančoková, Enrico Mallucci, Martino Ricci and Luca Tondo on whether Euro worked as a safe-haven currency during these trying times. In earlier crises, Euro has not been seen as a safe-haven currency . However in 2025 and 2026, there are signs that Euro behaved like a safe-haven currency. Safe-haven currencies offer refuge to investors […]

HBS has put an exhibit at Harvard Business School’s Baker Library on Muriel Siebert, the first woman to buy a seat at the New York Stock Exchange Ana Elena Azpúrua reviews the exhibit: Muriel Siebert lacked the usual contacts or credentials valued on Wall Street. She liked to say that she arrived in New York […]

Shoumitro Chatterjee and Arvind Subramanian in this PIIE research show how China is limiting industrialisation in developing economies: Concern over China’s trade surplus is again resurging in the United States and Europe, but less attention has been paid to what China’s surplus means for low- and middle-income countries. Despite becoming a richer and higher-tech economy, China ...

Karin Östling Svensson of Riskbank notes that Sweden could face a housing surplus going forward: The population is growing more slowly than before – only 1.9 per cent is expected to be added by 2034, compared to 8.6 per cent in the last decade. Fewer births, more deaths and lower immigration contribute to this trend. […]

Friederike Niepmann, Leslie Sheng Shen, and Joshua Walker in this Fed research note: Geopolitical risk has emerged as a central driver of global financial markets, with episodes such as Russia’s invasion of Ukraine and recent conflicts in the Middle East triggering sharp movements in asset prices and increases in market volatility. But not all industries […]