Publications

Book

The State of Globalisation

• Richard Baldwin
• Michele Ruta

Chapters

• Introduction: Globalisation in flux
• A new Cold War? How trade and investment linkages are changing
• The trade cost of geopolitical risks
• Geoeconomic fragmentation in services? Evidence from a new database
• Enduring dependence: De minimis, transshipment, and US-China trade
• Fragmentation and the future of global value chains
• Industrial policies: Handle with care
• Asia became the world’s factory – can it now be the world’s service hub?
• Policies to facilitate adjustment to globalisation
• Trade cooperation under geopolitical rivalry
• Globalisation, fragmentation, and the international monetary system

Book

The Economic Consequences of The Second Trump Administration: A Preliminary Assessment

• Gary Gensler
• Simon Johnson
• Ugo Panizza
• Beatrice Weder di Mauro

Chapters

• Introduction: The economic consequences of the second Trump administration: key assessments
• Fiscal policy and debt sustainability
• Presidential supremacy over administrative agencies
• The rule of law
• The economic effects of rapid federal downsizing
• Immigration and border policies
• Financial sector and global dollar system
• Consumer financial protection
• Competition policy
• Artificial intelligence development and policy landscape
• Will the US continue to dominate science?
• Health care
• Downsizing the National Oceanic and Atmospheric Administration
• Changes in federal climate policy
• Rural economies and communities
• The (non) effect of tariffs on manufacturing employment
• The global public good
• From MFN to “reciprocal tariffs”
• US middle-class malaise and the world trade system
• The aftermath of tariffs
• first estimations of the effects of reciprocal tariffs
• Who pays for US tariffs?
• Seven questions about tariffs
• National security tariffs on the auto industry
• Strategic autonomy for Europe requires economic growth
• Trade wars and European monetary policy
• Rethinking the governance and funding of European rearmament
• Advanced technology as Europe’s strategic imperative
• The economics of the European defence buildup
• Spending targets versus military capacity
• Ukraine and Europe
• Canada
• Greenland
• Japan
• Emerging markets
• China
• India
• Mexico
• Latin America: Tariffs and industrialization
• The impact of US foreign aid cuts on global health

Report

Barcelona 7: Artificial Intelligence in Finance

• Thierry Foucault
• Leonardo Gambacorta
• Wei Jiang
• Xavier Vives

Chapters

• The transformational impact of artificial intelligence for the financial sector and central banks
• Artificial intelligence in finance: Introduction
• Artificial intelligence and the financial sector: Transformations, challenges, and regulatory responses
• AI’s impact on finance: Reshaping information and its consequences
• Corporate finance and governance with artificial intelligence: Old and new
• Artificial intelligence in finance: Discussions

Publication Series

Discussion Papers

Publication Series

Vox eBooks

Publication Series

Policy Insights

DP20464 Dividend Signaling and Bank Payouts in the Great Financial Crisis

• Juelsrud
• Nenov

DP20465 Income Shocks and Demand for Sustainable Products

• Ferreira
• Pires
• Soares
• Trindade

DP20463 Governing Online Communities

• Kretschmer
• Loh
• Wetzler

DP20462 Macroeconomic expectations in a war

• Gorodnichenko
• Vasudevan

DP20457 Economic Insecurity: Trade Dependencies and Their Weaponization in History

• Bernstein
• Meyer
• O'Rourke
• Schularick

DP20459 International Trade, Commodity Production and the Skill Premium: Evidence from Colonial Indonesia

• Hup
• de Zwart

DP20458 Equilibrium Failure Rates in Tests of Endogenous Competence

• Bertola

DP20461 Q-Learning and Algorithmic Market Making: Loss-free, Collusive, or Competitive Prices?

• Guarino
• Jehiel
• Symons-Hicks

DP20460 Artificial Intelligence and the Rents of Finance Workers

• Colliard
• Zhao

Policy insights

Policy Insight 143: (Re)building Europe’s defence: Human capital is key

• Manuel Trajtenberg

Policy insights

Policy Insight 142: Tariffs, the dollar and the US economy

• Jean-Pierre Landau

Policy insights

Policy Insight 141: How large is the investment gap in the EU and how to close it?

• Marco Buti
• Marcello Messori
• Debora Revoltella
• Diego Vila Martin