VoxEU.org: Recent Articles |
- EU firms and the COVID crisis
- Why natural experiments won the Nobel
- Pollution trends and US environmental policy
| Posted: The European economic policy response to the COVID-19 pandemic has ensured business continuity and shielded investment, but digital and green transitions are now ever more urgent. This column uses data on 12,000 European firms from the European Investment Bank Investment Survey to show that the pandemic spurred many firms to start accelerating transformation efforts. Policy should seek to support this momentum amid post-pandemic economic recovery. |
| Why natural experiments won the Nobel Posted: Josh Angrist, David Card, and Guido Imbens shared the Nobel in 2021 for their pioneering work on natural experiments that, in the words of the committee, "revolutionised empirical research". Steve Pischke tells Tim Phillips about the history of natural experiments, and the impact of the methods pioneered by this year's Laureates |
| Pollution trends and US environmental policy Posted: Half a century has passed since the US enacted a slate of environmental legislation in the 1970s, including the Clean Air Act, Clean Water Act, and Safe Drinking Water Act. This column reviews the literature and shows that air and water pollution are declining but greenhouse gas emissions are not because CO2 has been targeted less by environmental policy. These trends appear to provide large net benefits to US society and using cost-effective market-based policies does not appear to have systematic implications for the equality of environmental outcomes. |
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