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

DP20442 Nonparametric Mixed Frequency Monitoring Macro-at-Risk

• Marcellino
• Pfarrhofer

DP20441 The Economic Costs of Ambiguous Laws

• Giommoni
• Guiso
• Michelacci
• Morelli

DP20440 Eliciting the Marginal Propensity to Consume in Surveys

• Crossley
• Fisher
• Levell
• Low

DP20444 The Great Divergence and Convergence of Stature in Eurasia: Trends and Economic Correlates over the Last Eight Millennia

• Baten
• Stephan
• Wang
• Berger
• Brooke
• Chen
• Erdene
• Halcrow
• Hou
• Hudson
• Larsen
• Padgett
• Ranaweera
• Roberts
• Seguchi
• Steckel
• Sun
• Wangthongchaicharoen
• Wang
• Jin Woo
• Zhang
• Zhang
• Wang

DP20443 Chronicle of a Debt Foretold: Sovereign Debt Management Strategies for Colombia’s Climate and Biodiversity Transition

• Gonon
• Godin
• Daumas
• Althouse
• Svartzman

DP20431 Unpacking Rising Inequality: The Roles of Markups, Taxes, and Asset Prices

• Auray
• Eyquem
• Garbinti
• Goupille-Lebret

DP20430 The Choices of Others: An Experiment on Social Search

• Bigoni
• Boldrini
• Lomys
• Tarantino

DP20433 Macroeconomic Implications of Executive Pay Caps

• Caselli

DP20434 On the Fragility of DeFi Lending

• Chiu
• Ozdenoren
• Yuan
• Zhang

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