Traditional models make error in assuming that banks choose fixed-size portfolios, authors argue
Nobel prize-winner says bias leads to “sins of omission” in economic research
Housebuilding expectations should be considered when forecasting economic activity, researchers say
Deputy governor highlights benefits to economy since adopting regime
Estimate is 50–60 basis points lower than other mainstream estimates
Researcher finds increased competition can lead to rise in speculative strategies
Outlook requires continued ultra-tight monetary policy, says central bank president
Sayuri Shirai asks whether MMT might hold the solution to Japan’s stagnation
Bank of Finland paper compares short term credit-to-GDP ratio to "Basel gap"
Improved institutions required to develop resilience to external shocks
Sector suffered after sanctions imposed due to country’s low tax rates
Authors outline a general equilibrium model to show uncertainty can have long-run effects
Central banks and regulators have recognised the need to take responsibility for risks emerging as a result of climate change, but there remains an abundance of work to be undertaken, and Central Banking hopes this report will provide some guidance on…
Following Mark Carney’s “breaking the tragedy of the horizon” speech in 2015, it became apparent central banks and regulators needed to sit up and take responsibility for risks emerging as a result of climate change.
From extreme weather to transition risks, the systemic challenge of climate change lies in the interconnectedness of risk. Amundi is helping to shape solutions by integrating climate risks across its asset classes and pushing public debate forward.
Fossil fuel exporters likely to face negative impact without benefiting from new sources of energy
Climate change is becoming increasingly important to central banks thanks to its implications for financial stability. In a forum sponsored by Amundi, Central Banking convened a panel of experts to discuss the latest innovations, regulations and…
African National Congress officials attempt to influence new government
The Network for Greening the Financial System aims to bring about fundamental change. The central bankers who created it made a strong start but face serious challenges.
Increasing global concern about climate change is causing central banks to take notice of the issue and its potential implications. Frédéric Samama, head of institutional client coverage at Amundi, examines the findings of Central Banking’s survey on…
Hot economy could be making workers less likely to leave labour force, Regis Barnichon says
As climate-related risks to the financial sector become increasingly understood, central banks are demonstrating their willingness to develop capabilities to analyse the impact and modify their policies. A new survey indicates a watershed for central…