Data
BoE goes granular with data experiment
UK central bank announces successful data proof of concept
Growth in the digital economy has scrambled statistics – IMF paper
Countries may have been understating GDP growth, while overstating inflation, IMF analysis reveals
High-frequency data helps capture ‘psychological subtlety’ – BoJ paper
Study of “tick-by-tick” data finds markets have become more sensitive
IMF unveils new data strategy
Fund sets out first ever “overarching strategy” on data
Neural network learns ‘universal model’ for stock-price moves
Relationships between order flow and price “are stable through time, and across stocks and sectors”
Measuring Venezuela’s hyperinflation
Steve Hanke warns economists risk mismeasuring inflation in Venezuela by using CPI methodology
Solving the owner-occupied housing puzzle
A group of researchers has outlined what they see as a better method of integrating owner-occupied housing into the CPI
UK figures reveal 1.47 million people out of work
While the employment rate has continued to rise, the rate of unemployment has increased by the sharpest level in almost five years
UK inflation refuses to budge from 3%
Despite a decline in oil price pressure, UK inflation remains at December 2017 levels
Inflation falls in the euro area despite stronger growth
Annual price increases expected to fall to 1.3% in January, Eurostat says
Rebased ‘Maddison’ data reshapes economic history
New approach to measuring GDP per capita generates fresh insights
Big data can give valuable labour market signal – Fed paper
High-frequency private payroll data is useful in forecasting the labour market, researchers find
Higher inflation in Norway supports tighter outlook
Norges Bank brings forward its first planned rate hike to late 2018
BoE paper lays out ‘financial conditions index’ for UK
Index proves valuable as summary measure and also as input to forecasting
FCA mulls use of AI to tackle money laundering
Crime unit head says financial regulator views machine learning as complement to human judgement, not replacement
Big data in central banks focus report 2017
The second Central Banking Journal focus report on big data expands on the original study from 2016, assessing how challenges have evolved in the past year.
The rapid evolution of data
As big data enters the mainstream, it is critical to understand how it can transform our thinking
NY Fed paper estimates US contagion risks
Authors design a network model incorporating non-banks
Making the most of big data
The European Central Bank's Per Nymand-Andersen discusses embracing big data and what this could mean for the industry
Big data in central banks: 2017 survey
As an active area for new projects, big data is becoming a fixture in policymaking, with an increasing number of central banks carving out a budget for data handling
Collaboration is key to central banks making the most of data
Employing the right approaches to data is central to meeting objectives, says Maciej Piechocki
European firms’ net debt cramped investment, Bank of Italy paper finds
Paper looks at eurozone and UK firms from 2006 to 2012
Tapping into big data’s potential
Sponsored forum: BearingPoint
Sponsored forum: Tapping into big data's potential
Central Banking convened a panel of experts to discuss how central banks can harness big data for their needs