Research
BIS Working Paper
RESEARCH - 'The link between default and recovery rates: effects on the procyclicality of regulatory capital ratios' by Edward I Altman, Andrea Resti and Andrea Sironi, July 2002.
Economic Review from the Kansas City Fed Bank
PUBLICATION - Consumer Confidence After September 11 and The New Power of Regions: A Policy Focus for Rural America-A Conference Summary, Second Quarter 2002.
IMF Survey, 5 August
REPORT - IMF Survey, Topical coverage of the IMF's activities, policies, and research, 5 August. Includes Jack Boorman on the Argentina crisis and lessons to be learned from it.
Economic Review from the Atlanta Fed Bank
RESEARCH - The Federal Reserve Bank of Atlanta has published its Economic Review for the Second Quarter 2002. The Review features articles including 'The Economics of Payment Finality' and Asset Returns and Economic Risk.
EconSouth from the Atlanta Fed Second Quarter 2002
PUBLICATION - The Federal Reserve Bank of Atlanta has published its regular online magazine, EconSouth, for the Second Quarter 2002. The main feature of the latest edition asks the questions, Is the U.S. economic slowdown over? and If so, what path will…
fedgazette from the Minneapolis Fed, July 2002
PUBLICATION - Regional Business and Economics Newspaper from the Federal Reserve Bank of Minneapolis, Volume 14, No 4, July 2002. Focus: Labor Shortage.
The Region from the Minneapolis Fed, June 2002
PUBLICATION - The Federal Reserve Bank of Minneapolis has published its regular magazine, The Region, for June 2002. In the issue Gary Becker, Nobel prize-winning economist, discusses his views on moral hazard in banking, his work on the economics of…
IMF Diversity Annual Report 2001
ANNUAL REPORT - The International Monetary Fund has published its Diversity Annual Report 2001. In 2001, diversity operations focused on integrating diversity into human resource management across the Fund. Important initiatives are underway to improve…
The Regional Economist, July 2002
PUBLICATION - The Quarterly Review of Business and Economic Conditions, The Regional Economist, from the St Louis Fed contains an article 'Beyond Risk Lies Uncertainty' in which it is claimed stock market investors will find out why it's so important to…
Milton Friedman - A lifetime in economics
ARTICLE - In its regular Economic Insights publication the Federal Reserve Bank of Dallas pays tribute to Milton Friedman who was 90 years old yesterday (Wednesday 31 July) with "Milton Friedman-Economist as Public Intellectual". Not only does the…
Federal Reserve Board - Beige Book, July 2002
REPORT - The Federal Reserve Beige Book released 31 July revealed that the U.S. economy has expanded modestly but unevenly in recent weeks, although some districts are worried about the economic impact of the stock-market plunge.
Committee on Payment and Settlement Systems
REPORT - Bank for International Settlements, Statistics on payment and settlement systems in selected countries. Prepared by the Committee on Payment and Settlement Systems of the Group of Ten Countries, Figures for 2000, released 31 July.
Basel Committee Publications, July 2002
REPORT - Sound Practices for the Management and Supervision of Operational Risk, 31 July.
European Central Bank Publication
REPORT - Payment and securities settlement systems in the European Union Addendum incorporating 2000 figures (Blue Book, July 2002).
Chicago Fed National Activity Index, June 2002
REPORT - CFNAI returns to positive territory. In June, the Chicago Fed National Activity Index (CFNAI) was above zero for the second time this year at +0.14. The three-month moving average, CFNAI-MA3, rose to -0.03.
Main Street Economist, June 2002
REPORT - Main Street Economist June 2002 from the Federal Reserve Bank of Kansas, The New Power of Regions: A Policy Focus for Rural America By Mark Drabenstott and Katharine Sheaff.
Philadelphia Fed Business Review, 2nd Quarter 2002
REPORT - The Federal Reserve Bank of Philadelphia has published its regular Business Review for the Second Quarter 2002.
Council of Financial Regulators Annual Report 2001
ANNUAL REPORT - Reserve Bank of Australia, Council of Financial Regulators Annual Report 2001, published 30 July.
Bank of Japan Discussion Paper Series
RESEARCH - Japan's Negative Risk Premium in Interest Rates: The Liquidity Trap and Fall in Bank Lending, Rishi Goyal and Ronald McKinnon, July 2002.
Bank of England Working Paper
RESEARCH - On gross worker flows in the United Kingdom: evidence from the Labour Force Survey, by Brian Bell and James Smith.
BIS Press Release
PRESS RELEASE - BIS consolidated banking statistics for the first quarter of 2002, 26 July.
BIS consolidated international banking statistics
REPORT - The BIS consolidated international banking statistics - first quarter 2002, released 26 July. The statistics highlight a sharp decline in Japanese banks international positions during the first quarter of this year. Over the same period in…
Bank of Canada, Monetary Policy Report Update
REPORT - Bank of Canada, Monetary Policy Report Update, July 2002. The report projects economic growth for Canada in the range of 3 to 4 per cent to the end of 2003. The report also says the Bank is committed to achieving the 2 per cent target for…
Monetary developments in the euro area
REPORT - Monetary developments in the euro area: June 2002, released 25 July. The annual rate of growth of M3 decreased to 7.1% in June 2002, from 7.7% in May (revised downwards from 7.8%). The three-month average of the annual growth rates of M3 over…