Central Banking

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 updated survey of big data use among central banks reveals how central banks are increasingly treating big data as an input into policymaking, as well as a pioneering area of economic research. Data governance is a major issue that many are grappling with. Other articles include an interview with the European Central Bank’s Per Nymand-Andersen, a feature on machine learning, a roundtable discussion – and more.

  • LinkedIn  
  • Save this article
  • Print this page  
The rapid evolution of data

As big data enters the mainstream, it is critical to understand how it can transform our thinking, but also to be realistic about its shortcomings and biases

Teaching machines to do monetary policy

Machine learning may not yet be at the stage where central bankers are being replaced with robots, but the field is bringing powerful tools to bear on big economic questions

Making the most of big data

Per Nymand-Andersen, adviser to senior management at the European Central Bank, discusses how central banks can benefit from embracing big data and what this could mean for the industry in the near future.

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, writes Emma Glass.

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, hopefully without falling foul of some of the many pitfalls that await.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account