Research
Asset shortages lead to bubbles
High asset-price volatility may be a natural consequence of asset shortages, finds a new paper from the Bank of Spain.
New research at the Bank of Finland
The Bank of Finland has published a new research newsletter covering topics such as demographics and monetary policy rules.
Strong euro less harmful for developing trade
The euro's strength has a weaker effect on the competitiveness of euro-area exports when the destination is a developing country, finds new research from the European Central Bank.
Stock prices count in bank lending
Stock markets play a key role in the lending decisions of European banks, finds a new paper from Banque de France.
Advanced and emerging markets diverging
In the period of globalisation from 1985 to 2005 there has been convergence of business cycles within industrial economies and within the emerging-markets, but a decoupling between them, finds a new paper from the International Monetary Fund.
Wage stagnation key source of poverty
Policies to address wages for workers at the lower end of the pay scale should be at the core of anti-poverty efforts in New York City, finds a new paper from the New York Federal Reserve.
Asian inflation to stay high
Inflation in Asian countries will remain high over the medium term due to rising oil prices and a persistent shortage of skilled labour, says new research from Deutsche Bank.
What makes T-bond prices jump?
Price jumps in US Treasury bonds occur mostly during prescheduled macroeconomic announcements or events, finds a new paper from the Bank of Canada.
Some preconditions for inflation targeting
The main macroeconomic preconditions for adopting an inflation-targeting regime are high levels of financial development, GDP per person and trade openness, finds a new paper from the Central Bank of Chile.
EU needs more crisis coordination
European Union financial regulators need to improve crisis prevention and management, and their supervisory structures, says research from Deutsche Bank.
BoJ series on Japan's economic trends
The Institute for Monetary and Economic Studies at the Bank of Japan has published a series of discussion papers covering a host of domestic economic and financial issues.
Beige Book: US growth deteriorating
The Federal Reserve's Beige Book, which reports economic trends from the regional Feds, reveals a slowdown in growth compared to June.
US main target for petrodollar recycling
The United States continue to be the main recipient of oil-related financial funds from Gulf countries, according to a new research from the European Central Bank.
Enforcement, collateralised debt and the economy
Collateralised debt has been shown to impact business cycle fluctuations, but to what extent is this affected by the efficiency of debt enforcement? A new paper from the Bank of Canada investigates.
Fed's TAF is effective
The Federal Reserve's Term Auction Facility (TAF) helped ease conditions in money markets, finds a new paper from the Federal Reserve Bank of New York.
Japan faces fragile loan demand
Loan demand from Japanese firms worsened significantly from April to July and reached the lowest level since July 2004, according to the Bank of Japan's quarterly opinion survey of senior loan officials.
Inflation in industrial countries "global"
A new paper published by the Chicago Federal Reserve shows that inflation in industrialised countries is largely a global phenomenon.
Independent central bank vs myopic government
A new paper published by the International Monetary Fund analyses a series of games between a benevolent central bank and a myopic government in a New Keynesian model.
Poor central banks suffer on inflation
Weak central bank finances have a negative impact on the ability of policymakers to effectively react to inflationary pressures, according to new research from the International Monetary Fund.
Turkish industry's response to competition
Turkish manufacturers reacted to intensive trade competition from low-cost countries and substantial exchange-rate fluctuations during the last decade with increased productivity, product differentiation and wage growth moderation, says a new paper from…
Motivation should temper SWF fears
Examining the principal motivation for sovereign wealth funds should allay concerns such as fear of industrial espionage or geopolitical threats, states research by Deutsche Bank.
Canada constructs core inflation measure
Research published by the Bank of Canada has developed a measure of core inflation for Canada.
New insights on stock returns
A paper by Banque de France aims to give new insights about short- and long-run dependencies in stock returns.
Globalisation and the euro area
Globalisation has benefited the euro area in several ways, research published by the European Central Bank shows.