Europe

Global Supply Chains

Question A:

Firms’ incentives to reduce costs by sourcing inputs and products abroad have caused many European industries to become more vulnerable to supply chain disruptions.

Question B:

Private firms have inadequate incentives to make investments to reduce the risk that disruptions in the supply of imports will cause shortages and raise domestic prices.

Question C:

Prioritisation of efficiency over resilience in global supply chains makes current disruptions likely to continue beyond 2022.

 
US

Child Tax Credit

Question A:

A permanent version of the 2021 expansion of the child tax credit would reduce child poverty substantially.

Question B:

The costs of increasing resources for low-income families via the expanded child tax credit would be substantially offset over the longer term by the fiscal benefits of improving life outcomes for children no longer growing up in poverty.

Question C:

Parental labor supply would be unlikely to fall significantly following reintroduction of the expanded child tax credit.

 
US

Working From Home

The pandemic has led to a big shift to working from home among people in occupations where it is possible for the jobs or some part of them to be done remotely. There has been much debate about the extent to which such forms of working (or a hybrid model, with some hours done at home and some on business premises) will continue over the longer term. Key questions include the potential impact on employees’ productivity and their job satisfaction, and whether the career trajectories of women and men may be affected differently by a substantial increase in working from home.

 
Europe

Working From Home

The pandemic has led to a big shift to working from home among people in occupations where it is possible for the jobs or some part of them to be done remotely. There has been much debate about the extent to which such forms of working (or a hybrid model, with some hours done at home and some on business premises) will continue over the longer term. Key questions include the potential impact on employees’ productivity and their job satisfaction, and whether the career trajectories of women and men may be affected differently by a substantial increase in working from home.

 
US

Inflation, Market Power, and Price Controls

With sharply rising US inflation prompting debate about the potential role of powerful firms in driving up prices and whether antitrust interventions and/or price controls may be an effective policy response, we invited our US panel to express their views. We asked the experts whether they agreed or disagreed with the following statements, and, if so, how strongly and with what degree of confidence: