We offer new evidence on the link between price points and price rigidity using two datasets. One is a large weekly transaction price dataset, covering 29 product categories over an eight-year period from a large U.S. supermarket chain. The other is from the Internet, and includes daily prices...

We researched 130 financial centres for this edition of the Global Financial Centres Index (GFCI 33). The number of centres in the main index has increased to 120, with the inclusion of Minneapolis/St Paul. There are 10 associate centres awaiting potential inclusion in the main index.The average...

The sixth edition of the Global Green Finance Index (GGFI 6) was published on 27 October 2020. GGFI 6 provides evaluations of the depth and quality of the green finance offerings of 74 major financial centres around the world. The GGFI serves as a valuable reference into the development of green...

In "The Road to Long Finance: A Systems View of the Credit Scrunch", co-authors Michael Mainelli and Bob Giffords argue that only systemic wisdom will provide a long-term solution to the crisis. A return to "business as usual" will leave un-addressed such important problems as ‘too big to...

This report explores the feasibility and benefits of establishing a capacity exchange or hub of capacity exchanges in the UK. The research team interviewed professionals from a variety of sectors, surveyed existing multilateral reciprocal trade exchanges and conducted desk research into the...

This report is the outcome of a research project conducted between June and November 2013 which explored how voluntary standards markets might be applied to financial services regulation and sought to provide independent verification of their potential in the financial services sector. The...

Cities are faced with the huge challenge of providing infrastructure that meets the needs of a rising urban population, with limited public resources. Decisions and investments in urban infrastructure must be urgently leveraged to achieve sustainable economic growth within the carrying capacity...

So what might standards in these areas look like?Taxonomies & performance standards need to be outcome-focused sets of definitions and characteristics, so that regulators and potential purchasers can assess MDLs based on their outputs, rather than the mechanics of how they operate; Data...