Research
A better approach to prediction
The Philadelphia Federal Reserve has developed what it believes to be a superior approach to forecasting a range of macroeconomic variables.
Financial integration in Asia
A recent collection of eight papers from the Bank of International Settlements focuses on regional financial integration in Asia.
Valuation at the heart of crisis: Banque de France
Valuation issues lie at the heart of the financial turmoil, Banque de France stated in its latest Financial Stability Review.
Loan surveys predict well future investment
The Bank of Canada's senior loan officer survey results provide useful information about future investment and the availability of business credit, finds a new research paper from the central bank.
Schumpeter superior to Smith
Schumpeter's creative destruction is better for understanding the nature of the US economy than Smith's invisible hand and perfect competition, according to new research from the Philadelphia Federal Reserve.
High commodity prices and the Canadian dollar
A new paper from the Bank of Canada examines the impact of the recent surge in energy and non-energy commodity prices on the loonie.
China's impact on global inflation
Research from the Bank of Canada examines the effect of China on the inflation rate in other countries.
Regulation of public services in Italy
A paper from the Bank of Italy outlines the evolution of the regulatory framework for the supply of local public utilities, social and health services in Italy since the early 1990s.
Financial instability hurts corporate
Financial stability is connected to corporate investment and deterioration in the health of the financial sector can restrain macroeconomic performance, finds a new study from the Federal Reserve.
Benefits of remittances overstated
The economy-wide benefits of remittances may be overstated, finds a new paper from the International Monetary Fund.
Wages and prices determined by shocks
New research from the Bank of Portugal finds that import-price and unemployment shocks lead to wage and price rises in the Portuguese economy.
US can learn from Sweden's banking crisis
A new research paper prepared for the US congress draws lessons for the US from Sweden's banking crisis in the early 1990s.
Phillips curve is flattening
A new paper from the Reserve Bank of Australia finds that the Phillips curve, which measures the relationship between unemployment and inflation, has flattened in recent years.
Why large firms pay more
A new paper from the Bank of Canada analyses wage differentials between small and large firms.
SWFs good for global stability
Sovereign wealth funds (SWFs) can play a role in stabilising international markets, a new study from the Bank of Canada finds.
Investing in beautification pays off
A beautiful city will attract more highly-educated individuals and experience faster house-price growth, finds a new paper from the Philadelphia Federal Reserve.
Issues for central banks' collateral frameworks
Research from the International Monetary Fund highlights four issues for central banks' collateral frameworks.
US was prone to housing meltdown
The housing meltdown happened in the US, in part, because of its tax, legal and regulatory systems, research published by the Bank for International Settlements finds.
EU Commission competition claims wrong
It is the low level of cross-border account mobility, not low customer mobility in national markets, which hinders the EU's bank customers' ability to switch to a more competitive bank, says Deutsche Bank research.
Russian economy may remain lethargic: BoF
If the credit turmoil persists, the Russian financial market is likely to remain lethargic, says a new article by the Bank of Finland.
Asia needs tightening
There may not be a meaningful reduction in inflation rates without policy tightening in Asian economies, finds new research from the Hong Kong Monetary Authority.
Systemic banking crises - a new database
A paper from the International Monetary Fund presents a new database on the timing of systemic banking crises and policy responses to resolve them.
Finland advocates price-level targeting
A new paper published by the Bank of Finland makes the case for moving to price-level targeting.
Impact of new economic data on markets
A new paper by the New York Fed investigates how the issuance of new economic data influences asset prices in the stock, bond and foreign exchange markets.