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Articles by Central Banking staff
Financial and op risk divisions maintain largest staff
Upper-middle income nations tend to have different staffing priorities
- Benchmarking
Claudio Borio joins the Central Banking Advisory Board
Economics expert and ex-BIS research head joins peers from across the globe
Economics Benchmarks 2024 – executive summary
The benchmark drills into model design features as well as staffing, research and AI
- Benchmarking
Five veterans join Central Banking's advisory board
New members come from Italy, Kenya, Singapore, Switzerland and the US
Share of economics departments with data unit rises
Web scraping and administrative data are top alternative sources for economists
- Benchmarking
Heterogeneous agents and non-linearities rare in main models
Semi-structural models continue to be dominant choice of main forecast model at central banks
- Benchmarking
Economists commonly use AI for data analysis
Lower-middle income countries, Africa and Asia-Pacific report lower use of AI
- Benchmarking
Economists least likely to research impact of AI
Inflation dynamics retains position at top of the rankings
- Benchmarking
Peer-reviewed journals still top gauge for research impact
Smaller teams more likely to consider conference presentations as assessment tool
- Benchmarking
Banknotes: October to December 2024
A round-up of news and salient issues that have affected central bankers in the past three months
Inflation and GDP growth forecast errors decrease further
Forecast errors used widely for key model adjustments
- Benchmarking
One in five main models has endogenous financial sector
Benchmark highlights array of methods central banks use to model financial sector, but 40% still do not model the financial side of the economy
- Benchmarking