Finance: Research, Policy and Anecdotes

Off to Tallinn

I am escaping the Brexit craziness for a few days.  First, for the April version of the Economic Policy Panel in Tallinn. As always, exciting set of papers, including one on the European Deposit Insurance, showing that such a scheme does not necessarily lead to cross-subsidisation as often feared in Germany.   We also have a special issue coming on the economics of automation and jobs, with exciting papers, discussing if and under which circumstances labour-saving technology can boost employment; how technology has changed the composition of labour demand toward more skilled, older and male employees; how competition from China pushes investment into automation; and how technology drives the falling labour share of income. We will also have a public session together with the Bank of Estonia on automation, with short presentations and a panel discussion later today.  More to come…