Data
BIS statistics committee to focus on fintech and big data in 2020
Irving Fisher Committee plans to complete its fintech work and update a 2015 survey
Machine learning can produce better credit scores – BIS paper
Fintech firms may be better at predicting default rates, researchers find
Global house price growth slows, but China still surging
BIS figures show broad slowdown in growth, though prices are still rising fast in some places
Central banks increasingly embracing the cloud
Forms of cloud computing are becoming more prevalent, despite central banks’ caution
Big data in central banks: 2019 survey results
Many central banks are overhauling their data governance, facilitating a broadening in their use of big data
Global credit to non-banks growing faster in Q2 – BIS figures
Latest global liquidity figures show rapid growth in lending to the non-bank sector
New IMF data sheds light on interwar instability
Instrument-level data highlights how the network structure of debts contributed to collapse
Cross-border claims growing at fastest rate since crisis – BIS
Non-banks continue to see the fastest growth, latest international banking data shows
BIS authors detail new data on non-bank exposures
Banks have highly concentrated exposures to non-financial counterparties, researchers say
Barbados launches new statistics hub
Central bank simplifies data publications for “man on the street” and standardises bank reporting
Economists use payments data to build high-speed indicator
Team says transaction-based metric gives quick insight into consumer spending
Machine learning can produce better forecasts – RBI paper
ML tends to outperform standard models, but combining forecasts is best, authors say
Bank of Israel research derives growth estimate from survey data
Researchers construct real-time indicator that can be produced earlier than nowcasts
AI can help predict consumer defaults – NBER paper
Researchers say “deep learning” could be useful in designing macro-prudential policies
Kansas Fed develops real-time GDP tracker
The tracker builds on previous work by combining two forecast models
Bundesbank sees risk of recession in Q3
Economic report paints bleak picture as eurozone inflation continues slide
‘Animal spirits’ are real, DNB paper says
Researchers analyse data on household spending and consumer confidence
Eurozone bank productivity growth fell over last decade – ECB paper
Researchers try to quantify eurozone banks’ total factor productivity growth
Institutional approaches are key factor in mortgage defaults – BoE paper
European countries show major differences in mortgage default factors, researchers find
Dallas Fed paper looks at impact of tech shocks
Researchers exploit forecast data for “more precise” identification of technology shocks
Non-banks attracting more global liquidity than banks for first time
In Q1, more liquidity flowed to non-banks than banks for the first time in 40 years of BIS data
Two-thirds of countries failing to meet global standards on inflation – IMF paper
More than half the world has not updated CPI weighting in the last five years, researchers find
Surge in cross-border credit led by non-banks
Cross-border claims rise at fastest rate since the global crisis, BIS figures show
Bank of Spain launches data lab for research
Economists now have access to micro-data on the country’s non-financial firms