Linda Yueh

Linda Yueh

@lindayueh.bsky.social

My Engelsberg Seminar — Great Crashes in History and Lessons for the Future

My The Great Crashes book:
www.amazon.co.uk/Great-Crashe...

Watch at:
youtu.be/5Gnes2wYc88?...

The Great Crashes: Lessons from Global Meltdowns and How to Prevent Them: Amazon.co.uk: Yueh, Linda: 9780241988084: Books

Buy The Great Crashes: Lessons from Global Meltdowns and How to Prevent Them by Yueh, Linda (ISBN: 9780241988084) from Amazon's Book Store. Everyday low prices and free delivery on eligible orders.

www.amazon.co.uk

2 3

by Linda Yueh

Linda Yueh

@lindayueh.bsky.social

Catch my take at 8:25pm on the latest IMF forecasts for UK inflation and growth #lbcnews

1 1

by Linda Yueh

Linda Yueh

@lindayueh.bsky.social

Details of how to watch this webinar today as part of the @financialtimes.com Business Book of the Year Prize can be found at:

asiaeconomicoutlook.live.ft.com

1

by Linda Yueh

View post

by Linda Yueh

Linda Yueh

@lindayueh.bsky.social

AI: boom, bubble or both?

Dr. Linda Yueh on the new tech gold rush

www.london.edu/news/ai-boom... via London Business School

Drawing from my Great Crashes book:
www.amazon.co.uk/Great-Crashe...

AI: boom, bubble or both? | London Business School

Dr. Linda Yueh on the new tech gold rush

www.london.edu

by Linda Yueh

Reposted by Linda Yueh

by Linda Yueh

Linda Yueh

@lindayueh.bsky.social

In one online experiment, a ChatGPT-enabled group experienced a 40% reduction in average time spent on tasks and an 18% improvement in output quality.
cepr.org/voxeu/column...

The double-edged sword of AI: Potential for productivity, solutions, and societal risks

Quantitative analysis of how AI impacts our professional lives, the integrity of organisations, and even our cognitive skills is essential to harness the power of these new technologies. This column summarises evidence on some of the benefits AI can bring and also the complex challenges it presents, and highlights the need to create a system that will allow AI and other new technologies to contribute to solving global challenges and social issues.

cepr.org

4

by Linda Yueh

Linda Yueh

@lindayueh.bsky.social

Investment in software appears to be three times higher in France than in Germany, while organisational capital is two-and-a-half times larger. Since software contributes to official GDP calculations, such discrepancies in measurement impact the level of GDP
cepr.org/voxeu/column...

Intangible capital in France and Germany: Measurement issues and their impact on productivity

Closing the productivity gap between the US and Europe will require large investments in intangible capital and new technologies. Using 1995-2021 data from the 2025 EUKLEMS/INTANProd release, this column highlights significant differences in intangible capital investment between France and Germany. Investment in software appears to be three times higher in France than in Germany, while organisational capital is two-and-a-half times larger. Since software, unlike organisational capital, contributes to official GDP calculations, such discrepancies in measurement impact the level of GDP – most notably for Germany, where reported software investment appears unrealistically low.

cepr.org

5

by Linda Yueh

Linda Yueh

@lindayueh.bsky.social

500 financial institutions (representing over $100 trillion in balance sheets) have already developed voluntary transition plans
cepr.org/voxeu/column...

Bank climate commitments and green lending in emerging markets

The low-carbon transition requires substantial financial mobilisation, yet it is unclear whether banks' public climate commitments represent real change or simply greenwashing. This column uses unique survey data from 335 banks across 33 emerging markets to examine their internal green practices and lending approaches. The authors find that climate-committed banks score substantially higher on green management and lending practices, their borrowers are more likely to make green investments, and environmentally oriented firms preferentially match with green banks locally. These patterns suggest voluntary climate initiatives in emerging markets can represent meaningful organisational differences and not just cheap talk, though uneven adoption also reveals the limits of voluntary approaches.

cepr.org

1

by Linda Yueh

Linda Yueh

@lindayueh.bsky.social

Global share of people aged 65+ has grown in past 25 years from 6.8% to 10.4% & projected to reach 16.3% by 2050. Number of people reaching 65 years (‘old’) projected to increase from 421.8m to 1.6 bn, and those reaching 85 (‘oldest old’) from 29.9 million to 215.6 million
cepr.org/voxeu/column...

The enormous economic burden of age-related diseases in South America

As populations age, noncommunicable diseases and mental health conditions are draining South American economies, reducing labour supply and diverting resources from investment. This column presents a macroeconomic model for ten South American countries to examine the effects of noncommunicable diseases and mental health conditions on healthcare costs and human capital. The findings suggest that from 2020 to 2050, health burdens will cost these countries $7.3 trillion in lost GDP, equivalent to a 4% annual tax on GDP. Investing in prevention, healthcare reform, and age-friendly policies can turn this burden into a longevity dividend.

cepr.org

1

by Linda Yueh

Linda Yueh

@lindayueh.bsky.social

Surveys with information provision experiments, a form of randomised control trials, have become popular in economics. For example, the variable of interest in a survey may be inflation, the relevant action may be consumption spending.
cepr.org/voxeu/column...

Rational inattention and information provision experiments

Surveys with information provision experiments have become popular in economics. This column introduces an information provision experiment in a model of rational inattention – where information requires paying attention, which is costly – to study the implications of experimental findings for behaviour outside the survey. It highlights that the balance of two counteracting effects, attention-in-daily-life and attention-during-the-survey, are crucial to determine the treatment effect from information provision. Furthermore, it shows how the model can be used to interpret findings from existing experiments, derives implications for behaviour outside the survey, and suggests implications for central bank communication.

cepr.org

2

by Linda Yueh

Linda Yueh

@lindayueh.bsky.social

The year 2024 was confirmed by the Copernicus Climate Change Service to be the warmest year on record globally, and the first calendar year that the average global temperature exceeded 1.5°C above its pre-industrial level.
cepr.org/voxeu/column...

Integrating pollution registers for corporate climate-risk assessment

Corporate climate risk disclosures are costly and often a mere box-ticking exercise. In November 2024, the Omnibus Environmental, Social and Governance Regulation was announced in Europe to consolidate and simplify the phasing-in of corporate sustainability reporting requirements while maintaining strong ESG commitments. This column discusses how leveraging pollution registers can provide an actionable picture of climate transition and physical risks in a simplified and cost-effective framework, ultimately fostering a more resilient and sustainable global economy.

cepr.org

14 18

by Linda Yueh

Linda Yueh

@lindayueh.bsky.social

Data on Japanese firms from 1997 to 2015 show that rising imports have led many firms to reduce their workforce, but firms that engaged in product switching experienced less severe employment losses than those that did not.
cepr.org/voxeu/column...

How firms respond to import competition: Labour force reduction, product/industry switching, and off-shoring

As global trade has expanded, many studies have documented the level of impact of import competition on employment, but we know less about how firms adapt. This column uses data on Japanese firms from 1997 to 2015 to show that rising imports have led many firms to reduce their workforce, but firms that engaged in product switching experienced less severe employment losses than those that did not. Offshoring also plays a crucial role in mitigating the adverse effects of import competition.

cepr.org

by Linda Yueh

View post

References

Fields & subjects