Statistics deemed “critical” by the International Monetary Fund will be published in one place
The scope and availability of data must keep up with evolving markets, Lael Brainard says
Changes are designed to ensure the statistics reflect consumers’ experiences “as closely as possible”
UK regulator is using Google search engine algorithm to see if rulebook can be streamlined
Hourly wage growth is at highest rate since 2009, but year-on-year inflation falls to 2%
Dynamic factor model reveals information on how early estimates may be revised, authors say
Likelihood of further negative shocks has risen, warns Maurice Obstfeld
A technology shock that permanently raises productivity leads to unemployment, authors say
Data centres are no longer equipped to handle the “uncontrollable” growth of data, Mohanty says
Corruption shocks negatively impact long-term real outcomes, authors say
Adverse shocks to food prices are subsiding, central bank says
News-parsing algorithms create temporary distortions and may cut liquidity, paper finds
Weaker outlook leads RBA to cut CPI forecasts to 1.75% in December 2018 from 2.25%
The third Central Banking big data focus report delves further into recent trends as central banks grapple with the question of upgrading their approaches to data
Official institutions are maturing as big data users but there is plenty more work to be done.
Central bank will abide by international best practice and use statistical service estimates
Central Banking convened a panel of experts to discuss how central banks and other supervisors can maximise the potential of data, while overcoming hurdles to its collection and deployment
Big data is changing the way central banks think about the economy and oversee the financial system. In a forum sponsored by BearingPoint, Central Banking convened a panel of experts to discuss the innovative ways central banks are making use of big data.
With central banks becoming increasingly reliant on data, BearingPoint elaborates on the increasing role of innovative regulatory and supervisory technology in supervision.
As work in big data enters the mainstream for central banks, its policymaking and supervisory influence is expanding, prompting significant investment in new technologies.
The global financial crisis sparked a far-ranging overhaul of the international architecture for financial regulation, coupled with a deep reflection around the fitness-for-purpose and effectiveness of supervisory efforts, writes Anne Leslie-Bini.
Researchers analysed 15 million adverts over eight years to categorise jobs
Regulatory technology could prove effective in improving data reporting and supervisory monitoring, but central banks have a long way to go to making this a reality, writes Joel Clark.
Growth in dollar-denominated debts up 9%, with growth in debt securities even faster