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VoxEU | CEPRVoxEU | CEPR Skip to main content Mobile menu Search VoxEU Columns Blogs&Reviews VoxTalks VideoVox Vox Webcasts VoxEU Debates About VoxEU Research Programme Areas Research Policy Networks (RPNs) Research Projects and Networks Research Policies Data Sets Publications Publication Series Books and Reports Discussion Papers Covid Economics Papers Policy Papers Economic Policy Journal Search All Publications Archive Events Calls for Papers Forthcoming Events Past Events Event Series Audio and video Search all multimedia content VoxTalks VideoVox Vox Webcasts Webinar Videos About CEPR People News Press Governance Support CEPR Partners Jobs at CEPR Summer Reading 2024 Themes Search Themes Themes Key Themes Central Banking Climate Change Competition Policy Development & Growth Economic History Energy EU Economic Architecture Inflation Political Economy Poverty and income inequality Sustainable Finance Ukraine Initiative Women in Economics Other Themes Business Cycles Covid 19 Exchange Rates Finance & Fintech Health Economics International Finance International Trade Labour Markets Migration Monetary Policy Productivity and Innovation Taxation Active Debates The Economic Consequences of the War EU Economic Policy and Architecture after Covid Populism Main navigation VoxEU Columns Blogs&Reviews VoxTalks VideoVox Vox Webcasts VoxEU Debates About VoxEU Research Programme Areas Research Policy Networks (RPNs) Research Projects and Networks Research Policies Data Sets Publications Publication Series Books and Reports Discussion Papers Covid Economics Papers Policy Papers Economic Policy Journal Search All Publications Archive Events Calls for Papers Forthcoming Events Past Events Event Series Audio and video Search all multimedia content VoxTalks VideoVox Vox Webcasts Webinar Videos About CEPR People News Press Governance Support CEPR Partners Jobs at CEPR Summer Reading 2024 Secondary Menu CEPR Offices User account menu Log in Secondary Menu CEPR Offices User account menu Log in Themes Key Themes Central Banking Climate Change Competition Policy Development & Growth Economic History Energy EU Economic Architecture Inflation Political Economy Poverty and income inequality Sustainable Finance Ukraine Initiative Women in Economics Other Themes Business Cycles Covid 19 Exchange Rates Finance & Fintech Health Economics International Finance International Trade Labour Markets Migration Monetary Policy Productivity and Innovation Taxation Active Debates The Economic Consequences of the War EU Economic Policy and Architecture after Covid Populism Search the site Search VoxEU In this section Columns Blogs and Reviews VoxTalks VoxEU Videos Vox Webcasts VoxEU Debates About VoxEU Domenico Giannone | Giorgio Primiceri Many observers have linked the sharp rise in prices in the US and Europe since 2021 to supply chain disruptions and increasing energy costs. However, this column argues that it was predominantly driven by unexpectedly strong demand forces, not only in the US but also in the euro area. The drivers of post-pandemic inflation Much money, little capital, and few reforms: The 2023 banking turmoil Ignazio Angeloni | Stijn Claessens | Amit Seru | Sascha Steffen | Beatrice Weder di Mauro Winners and losers in bank resolution: Recent examples and a modest reform proposal Benoît Coeuré | Harry Huizinga | Elke König | Jan-Pieter Krahnen | Jonas Schlegel Latest Columns VoxEU Column Consumer demand for central bank digital currency as a means of payment Luca Nocciola Alejandro Zamora-Pérez 21 Sep 2024  Finance and Fintech  Monetary Policy VoxEU Column Carbon price uncertainty Maximilian Fuchs Johannes Ströbel Julian Terstegge 20 Sep 2024  Climate Change Presbyterian Historical Society VoxEU Column Mission completed: Empowering local communities to shape their own destinies Sascha O. Becker Cheongyeon Won 20 Sep 2024  Development  Economic history The drivers of post-pandemic inflation Giannone Primiceri VoxEU Column / 19 Sep 2024 Consequences of transitioning to a climate-neutral economy Meinerding Schüler Zhang VoxEU Column / 19 Sep 2024 Behind the scenes of survey disagreement: Interpreting experts’ judgement Brenna Budrys VoxEU Column / 19 Sep 2024 Draghi’s real message on European competition enforcement: “Not delivering on innovation and growth” Caffarra VoxEU Column / 18 Sep 2024 The impact of de-risking by correspondent banks on international trade Borchert De Haas Kirschenmann Schultz VoxEU Column / 18 Sep 2024 From shadows to sunrise: How to overcome the middle-income trap Akcigit Lall VoxEU Column / 17 Sep 2024 Post-pandemic US inflation: A tale of fiscal and monetary policy Attinasi Di Casola VoxEU Column / 17 Sep 2024 Draghi is right on many issues, but he is wrong on telecoms Duso Motta Peitz Valletti VoxEU Column / 17 Sep 2024 Central bank independence: Views from history and machine learning Dincer Eichengreen Martinez VoxEU Column / 16 Sep 2024 Other Recent Columns Investing in defence as a European public good Beetsma Buti Nicoli VoxEU Column / 16 Sep 2024 Winners and losers in bank resolution: Recent examples and a modest reform proposal Coeuré Huizinga König Krahnen Schlegel VoxEU Column / 16 Sep 2024 Local decline and populism Fetzer Edenhofer Garg VoxEU Column / 15 Sep 2024 The long and variable lags of monetary policy: Evidence from disaggregated price indices Aruoba Drechsel VoxEU Column / 14 Sep 2024 Growth stabilises debt and reduces fiscal inflation: A new perspective on monetary-fiscal interactions Elfsbacka-Schmöller McClung VoxEU Column / 13 Sep 2024 The resilience of the sailing ship Hatton VoxEU Column / 12 Sep 2024 Global environmental cooperation and innovation Dugoua VoxEU Column / 12 Sep 2024 The impact of wealth inequality on economic growth: Evidence from Italy during its structural transformation Martinelli Lasheras Pellegrino VoxEU Column / 11 Sep 2024 No solid scientific basis for degrowth Savin van den Bergh VoxEU Column / 11 Sep 2024 Much money, little capital, and few reforms: The 2023 banking turmoil Angeloni Claessens Seru Steffen Weder di Mauro VoxEU Column / 11 Sep 2024 Demographic change: Individual blessing, but headwinds for European growth Cooley Henriksen Nusbaum VoxEU Column / 10 Sep 2024 The economics of organisational strategy Azmat Englmaier Gambardella Guadalupe Sadun Thomas VoxEU Column / 9 Sep 2024 Religion matters for economic growth through various channels Becker Rubin Woessmann VoxEU Column / 8 Sep 2024 Online versus in-person services: Effects on patients and providers Dahlstrand Le Nestour Michaels VoxEU Column / 7 Sep 2024 Exchange rate models are better than you think, and why they didn’t work in the old days Engel Wu VoxEU Column / 6 Sep 2024 Public investment: The orphan of politics Larch van der Wielen VoxEU Column / 6 Sep 2024 Intended and unintended consequences of welfare cuts for refugees Dustmann Andersen Landersø VoxEU Column / 5 Sep 2024 The urban wage premium for women: Evidence across the wage distribution Almeida Gonçalves VoxEU Column / 5 Sep 2024 Popular columns in 2023 AI and the paperclip problem Gans VoxEU Column / 10 Jun 2018 What Silicon Valley Bank and Credit Suisse tell us about financial regulations Danielsson Goodhart VoxEU Column / 25 Mar 2023 Banks do not create money out of thin air Rendahl Freund VoxEU Column / 14 Dec 2019 VoxEU Editor-in-Chief Richard Baldwin Professor of International Economics IMD Business School, Lausanne; VoxEU Founder & Editor-in-Chief VoxEU.org Latest debate columns VoxEU Column Stimulating growth in Ukraine and policies for migrants’ return Vjaceslavs Dombrovskis Maurice Obstfeld Ilona Sologoub Yuriy Gorodnichenko Torbjörn Becker Anastassia Fedyk Gérard Roland Beatrice Weder di Mauro 13 Jun 2024  Labour Markets  Ukraine Initiative VoxEU Column Rebalancing the scales: The need for tariffs on Russian grain Anastassia Fedyk Tatyana Deryugina Wiktor Rajca 8 Jun 2024  International trade  Politics and economics  Ukraine Initiative VoxEU Column Development of mortgages in Ukraine Ilona Sologoub 3 Jun 2024  Financial Markets  Ukraine Initiative Latest video and Audio VoxEU Talk The US is in a fiscal mess Giancarlo Corsetti Riccardo Trezzi 20 Sep 2024  Macroeconomic policy  Taxation VoxEU Talk Digital access and infectious disease Carol Propper 13 Sep 2024  Health Economics VoxEU Talk The economics of strategy Ghazala Azmat 6 Sep 2024  Frontiers of economic research  Industrial organisation Featured column   Gender earnings gaps increase with age and fluctuate through the family lifecycle. This column by the recent Nobel laureate Claudia Goldin and coauthors uses data tracing individuals from their twenties to their fifties to estimate the three components of the parental gender gap in earnings: the ‘motherhood penalty’, the ‘price of being female’, and the ‘fatherhood premium’. As the children grow up and women work more hours, the motherhood penalty is greatly reduced, but fathers manage to expand their relative gains, particularly among college graduates. Goldin’s work, which won her the Nobel prize, uncover the gender differences in the labour market, particularly in terms of earnings. The divergence between the earnings of men and women following the birth of the first child can explain the persistent gender pay gap. VoxEU Column When the kids grow up: Women’s employment and earnings across the family lifecycle Claudia Olivetti Sari Pekkala Kerr Claudia Goldin 7 Oct 2022  Gender  Labour Markets Themes & Current Issues Business Cycles Central Banking Climate Change Competition Policy COVID-19 Development & Growth Economic history Energy EU Economic Architecture Exchange Rates Finance and Fintech Financial Markets Financial Regulation and Banking Health Economics Inflation International Finance International trade Labour Markets Migration Monetary Policy Political Economy Poverty and Income Inequality Productivity and Innovation Taxation Ukraine Initiative Women in Economics Sign up to our newsletter follow us Copyright 2024 CEPR /designbysoapbox.com Contact Us Cookies Privacy Policy RSS Feedsenen1728717781https://voxeu.org

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