Research
Basel Committee Publications No. 92
REPORT - Internal Audit in Banks and the Supervisor's Relationship with Auditors: A Survey, August 2002. The survey, conducted by the Basel Committee's Accounting Task Force, found widespread endorsement of the key internal audit principles identified by…
Sticky prices: the impact of regulation
RESEARCH - The Journal of Monetary Economics, May 2002, contains a paper, 'Sticky prices: the impact of regulation'. The paper finds that approximately one-third of the items in the CPI are governed by price regulations that can slow and add noise to the…
Deutsche Bundesbank Monthly Report, July 2002
REPORT - Germany's central bank, on Tuesday published its Monthly Report for July 2002. The Bundesbank report reveals that the German economy grew slightly in the second quarter by 0.25 percent in April to June compared with the previous three months…
Fedtalk from the Boston Fed, May 2002
PUBLICATION - Financial Services Update of the Federal Reserve Bank of Boston, May 2002. A newsletter about Boston Fed financial services, Fedtalk offers the latest information on check services and electronic delivery systems. The most recent edition,…
New England Economic Review, Second Quarter 2002
PUBLICATION - Published quarterly by the Federal Reserve Bank of Boston, the journal examines economic and public policy issues, as researched by the Bank's economists and others. In the most recent edition of the New England Economic Review the journal…
ECB Working Paper Series
RESEARCH - "An estimated stochastic dynamic general equilibrium model of the euro area", by Frank Smet and Raf Wouters, August 2002. The paper concludes that there is a considerable degree of price and wage stickiness in the euro area. The paper also…
ECB Working Paper Series
RESEARCH - 'The Industry Effects of Monetary Policy in the Euro Area' by Gert Peersman and Frank Smets, August 2002.
Economic Review from the Atlanta Fed Bank
PUBLICATION - Global Banks, Local Crises: Bad News from Argentina by Marco Del Negro and Stephen Kay, published in the Economic Review, Federal Reserve Bank of Atlanta, Third Quarter 2002, Vol 87, No 3.
Financial Stability Review, 2002, from the NBB
ANNUAL REVIEW - Financial Stability Review, 2002 Issue 1, from the National Bank of Belgium. The review says that the diversity of topics covered in this first FSR illustrates that financial stability issues have to be studied from a wide variety of…
Central Bank of Brazil Working Paper Series
RESEARCH - Optimal Monetary Policy, Gains from Commitment, and inflation persistence by Andre Minella, Central Bank of Brazil, August 2002.
Bank of Japan Transparency Report
REPORT - The Self-Assessment Report on Transparency Practices for Monetary Policy, Bank of Japan, 16 August.
RBA Bulletin - August 2002 Issue
REPORT - The Reserve Bank of Australia published its August 2002 Bulletin on 15 August. The Bulletin contains articles on Australia's Foreign Currency Exposure and Hedging Practices and Recent Proposals for Reform of Sovereign Debt Restructuring.
Bank of Canada Review, Summer 2002
REPORT - The Bank of Canada Review is a quarterly publication that contains four economic commentary and feature articles. The Bank issued its Summer 2002 Review on 13 August.
Economic and Financial Policy Review, Vol 1, No 2
PUBLICATION - 'Banks Venture into New Territory' by Kenneth J. Robinson, Senior Economist and Policy Advisor, Federal Reserve Bank of Dallas, Volume 1, Number 2, 2002.
Bank of Japan Monthly Report, August 2002
REPORT - The Bank of Japan published its Monthly Report of Recent Economic and Financial Developments, August 2002, on 13 August. In its report the Bank of Japan said the outlook for exports had become more uncertain due to unstable global stock markets…
The role of the Deutsche Bundesbank
RESEARCH - 'The role of the Deutsche Bundesbank in the European System of Central Banks' by Hermann Remsperger, Deutsche Bundesbank, Accepted 1 February 2002.
RBA Statement on Monetary Policy, August 2002
REPORT - Reserve Bank of Australia, Statement on Monetary Policy, August 2002. The statement struck a cautiously optimistic note with the Reserve Bank saying 'the most plausible scenario' was that global markets would stabilise and Australian economic…
Electronic Payment Usage Grows- Chicago Fed Letter
PUBLICATION - The August 2002 issue of Chicago Fed Letter explores the recent growth of online person-to person payments, the problems and opportunities faced by payment providers and future opportunities for these payments.
Chicago Fed Letter - September Special Issue 2002
PUBLICATION - The household balance sheet-Too much debt? By Francois Velde, senior economist, September (Special Issue) 2002. Are U.S. households carrying too much debt? Debt levels have grown recently to unprecedented levels. But that is nothing new, as…
Short-Term Gains Versus Long-Term Challenges
RESEARCH - An Article By Michael Deppler and Jerald Schiff, Director and Division Chief, European I Department, International Monetary Fund, Public Service Review: Accession States, 25 July.
ECB Working Paper Series
RESEARCH - The rationality of consumers' inflation expectations: survey-based evidence for the euro area, by M. Forsells and G. Kenny, August 2002. The results suggest consumers' inflation expectations in the euro area satisfy an intermediate rather that…
Economic Perspectives, Third Quarter 2002
PUBLICATION - The Federal Reserve Bank of Chicago has published its regular quarterly journal of in-depth articles reporting on the Bank's economic research.
ECB Monthly Bulletin, August 2002
REPORT - The European Central Bank published its August 2002 Monthly Bulletin on 8 August. In the bulletin the ECB reinforced its "wait and see" approach to interest rates but admitted risks to price stability had become "more balanced". This was in…
Bank of England Inflation Report, August 2002
REPORT - The Bank of England on Wednesday published its Inflation Report for August 2002. The Bank expects inflation to remain below the government's 2.5 per cent target for the whole of the next two years, according to the quarterly Inflation Report…