Data
MAS bolsters efforts on transition finance
Central bank issues new taxonomy and will work on phasing out coal
Administrative data tops list as alternative data source
Research and forecasting remain key areas of application for central bank economists
Policy-making amid war in Gaza
Bank of Israel has implemented a textbook crisis response, but uncertainty remains
Economists’ rate of access to centralised data services still below par
Central banks in high-income jurisdictions still have more access
Most heads of research are responsible for sign-off on research
Peer-reviewed papers remain most-used metric for measuring research success
Central banks average 11 working papers over the past year
Just over a quarter of central banks run research blogs
Karnit Flug on the Bank of Israel’s emergency responses and challenges ahead
The former Israeli central bank governor and current vice-president of the Israel Democracy Institute speaks with Christopher Jeffery about the BoI’s targeted emergency responses, economic uncertainties and central banking independence
Central banks prioritise inflation dynamics research
Middle income institutions tend to have much widest research interests
Time series model is top tool for forecasting and research
Use of machine learning models for research purposes surges year on year
The ECCB’s Timothy Antoine on currency union, cooperation and DCash 2.0
The ECCB governor speaks with Christopher Jeffery about maintaining a currency zone, addressing climate and cyber risks, the decline in correspondence banking and lessons learned from issuing a retail CBDC
Economic growth and inflation are most-forecast variables
Private debt, commodity prices and market interest rates rank as laggards
Most new economic staff hired as fresh graduates
Recruits from private sector, academia make up smaller portion of new hires
Proportion of central bank economists with PhD rises
Central banks split on funding economic staff with PhD aspirations
Currency Benchmarks 2023 – model banks analysis
Data reveals how advanced and emerging market central banks structure their currency operations
BIS unveils new data portal
Bank will hold training courses for journalists wishing to access statistics
Median salary of central bank economists rises as inflation bites
Income remains less aligned with GDP per capita of participating countries
Supervisors see promise in AI but warn data remains key
IMF’s “StatGPT” project has promise but data problems are hard to solve, Regnology panellists say
Economics department staff total just over 70 on average
Average number of research economists remains smaller than policy economists
European Commission lowers 2023 GDP growth forecast
EC expects eurozone economy to expand by 0.6% this year
Supervisors face reputational risk from fraud, Basel Committee says
Surveys shows some forms of digital fraud are rising, but data gaps are “significant”, paper warns
BoE unveils monetary policy shocks database
Data reveals change in markets’ focus since introduction of “Super Thursdays”
Banknotes rarely portray current monarchs or presidents
Central banks favour other historical figures, but few institutions feature people from minority groups
Central banks tend to outsource banknote printing
De La Rue is most commonly used printer among respondents
Data sharing as a policy intervention
Increasing access to data represents another policy lever regulators can pull to achieve their objectives, writes David Bholat