The Centre for Economic Policy Research (CEPR)

Intergenerational social mobility refers to the relationship between the socioeconomic status of parents and the status their children attain as adults. Removing policy-related obstacles to social mobility can be advocated on both equity and efficiency grounds: enabling everyone to reach their full potential is an important catalyst of innovation and productivity (Aghion et al. 2024). Contributing to the growing body of literature (Kenedi and Sirugue 2024, Polo et al. 2019, Saez, et al.

In June 2019, the New York Times reported on food delivery riders in France (Alderman 2019), many of them young migrants for whom platform work had become a rare foothold in the labour market. One migrant summed up the sentiment of many: “riding a bike, even on precarious terms, was better than more nefarious ways of making money like selling drugs”.

Conference 4 Jun 2026 - 5 Jun 2026 in Toulouse, France  Climate Change  Energy

Discussion paper Pinelopi Koujianou Goldberg Michele Ruta

VoxEU Column Felipe Benguria Felipe Saffie  Industrial organisation  International trade

Discussion paper DP21351 Learning in a Correlated World We survey a growing literature on correlated learning——how information from one choice changes beliefs about others when outcomes are correlated. The core modeling innovation is to represent the unknown mapping from choices to outcomes as the realized path of a stochastic process, most commonly the Brownian motion.

Conference 15 Sep 2026 - 16 Sep 2026 in Cambridge, United Kingdom

Discussion paper DP21350 Recombinant Search We develop a model of directed Bayesian search over a multi-dimensional landscape of available ideas, consisting of two fields of knowledge as well as their combinations. Success of ideas is represented by the sample paths of a Brownian staple, an extension of the Brownian motion framework of Callander (2011) to higher dimensions. We characterize prediction and optimal search by a sequence of short-lived researchers.

(Tim Phillips talks to Richard Baldwin about his new CEPR Press book) Richard Baldwin World trade had been weaponized as it has never been in peacetime. Tim Phillips As wars in the Middle East and Eastern Europe grab our attention, there's another conflict that threatens to cause just as much economic pain. It is what my guest today calls "World War Trade". Richard Baldwin The entire world is reacting to this weaponization.

Note de la rédaction : Cet article présente le dernier livre électronique du CEPR rédigé par l’auteur, « World War Trade: Conflict, Containment, and the Emergent World Trading System », téléchargeable gratuitement ici. Si les droits de douane étaient des missiles, le 2 avril 2025 resterait dans les mémoires comme le jour où une guerre mondiale a éclaté.