Data
Oil prices feed through to core inflation – Fed paper
Research finds changes in the oil price have a small but statistically significant impact on core inflation
Wage growth may be stronger than headline figures suggest
San Francisco Fed researchers point to evidence that headline figures may overstate wage weakness
Banks need to tailor data strategies to clients, paper says
Dutch customers are open to sharing their payments data to enhance security, research finds
US taxes low by global standards, say Chicago Fed economists
Overall burden of taxes is low by OECD standards, economists say
Singapore’s inflation sees sudden drop in June
Sharp fall in inflation was due to the falling prices of housing maintenance and repairs
Non-banks drive rebound in cross-border banking – BIS
First-quarter statistics show non-banks helped drive a turnaround of cross-border banking flows
Big data sheds light on income risk – Minneapolis Fed research
Better sources of data have allowed economists to gain new insights into income risk
Bank of Canada broadening intelligence gathering with new survey
Systemic risk survey will be launched next year, says deputy governor
Pakistan growth hits decade high – SBP report
Central bank sounds alarm on falling exports despite “encouraging picture” elsewhere
Norges Bank study: regional network is supplying useful information
Central bank’s network of contacts is able to deliver better information on growth than other sources, report finds
BIS paper: forces driving global liquidity are shifting
Paper examines factors behind changing patterns of global liquidity
Riksbank unveils results of web-scraping project
Big data technique for collecting prices could better capture volatile inflation components
MAS seeking to build data science community, says chief data officer
David Hardoon urges people to embrace data science and computing
US household debt surpasses pre-crisis peak
Household debt exceeds 2008 level for first time, driven in part by auto loans and student debt
Forecasting would improve with more regular data, says RBNZ’s McDermott
New Zealand is one of two advanced economies that uses quarterly data instead of monthly
Gaps in real estate data could threaten financial stability – Buch
Bundesbank vice-president highlights importance of monitoring credit conditions in tandem with house prices
Construction underway on Philadelphia Fed data centre
Federal Reserve Bank of Philadelphia publishes annual report
Korean governor outlines limitations of GDP as economic indicator
Korea’s Lee offers alternatives based on microdata and other macroeconomic indicators
BoJ builds on BIS banking statistics
Researchers break down statistics further, shedding new light on patterns of cross-border banking
BoE research offers insights from new regulatory database
Authors shed new light on evolution of UK banking sector in recent decades
RBNZ paper sets out new house price indexes
Improved dataset allows design of three new indexes
Danish GDP revision helps solve productivity puzzle – bank
Figures better capture details of the current account, central bank finds
IMF paper offers new ways of measuring capital flow volatility
Authors say their more granular data allows them to gain new insights
BoE unlikely to predict next financial crisis, says MPC member
BoE MPC members grilled by MPs on forecasting models and past errors