Across the Western world over the past year, incumbent political parties have been getting thrashed in elections. Contrary to some of the dominant narrative, this trend is not reflective of a massive ...

Washington awakens Monday to the weekend loss of one of its most powerful politicians: South Carolina Republican Lindsey Graham. The head of the Senate Budget Committee, who died Saturday night from ...

This paper investigates why the post-COVID inflation surge, though globally synchronized, led to widely divergent outcomes across countries. Using cross-country regressions for 130 economies and local ...

Before the pandemic, investors worried about how persistently low inflation and interest rates would crimp bank profits. Paradoxically, they also worried about bank profitability when post-COVID ...