Labour
Book notes: 21st century monetary policy, by Ben S Bernanke
Bernanke’s great book offers important insights for today’s policy-makers, writes Stephen Poloz
Joseph Stiglitz on the challenge of fixing macroeconomics
Nobel Prize-winner discusses if central banks went wrong in 2021 and what to do about inflation
Banknotes: July to September 2022
A round-up of news and salient issues that have affected central bankers during the past three months
PBoC launches new phase of e-yuan pilot
Consumers in some cities can use prototype CBDC for public transport and housing
Covid hits women in US workforce – Bowman
Fed governor confident about greater employment opportunities for women
BEAC governor clashes with political leaders over recruitment
Charges of nepotism follow dispute with Central African Republic over bitcoin
How central bank mistakes after 2019 led to inflation
There is a need to acknowledge errors and take concrete action to restore confidence in policy-making
The case for restoring the role of monetary aggregates
Surge in money supply in response to Covid-19 triggered rampant inflation
Brazil central bank union ends strike
Months of industrial action fail to secure requested pay increase
Iran imposes restrictions on payments
Authorities cite risk of cyber attacks, but economy has also faced capital flight
Fed paper argues capitalism killed the Phillips curve
Shift in the balance of power between capital and labour likely to hold down inflation, authors find
Book notes: A full-value ruble, by Kristy Ironside
Soviet experience shows MMT worked, only with far more challenges and downsides than promoters envisioned
New Zealand’s inflation hits 30-year high
Labour shortages also affecting many businesses
BCB union suspends strike for two weeks
Brazil central bank workers reject 5% pay offer and will continue some labour protests
Tech talent: a global bottleneck for central banks?
Central banks are struggling to recruit people with the right fintech expertise
Brazilian central bank strike escalates
Staff now out indefinitely, interfering with Pix and economic statistics
Fed’s Bostic: uncertainty is hallmark of current economy
Atlanta Fed chief sees myriad forces pushing up inflation, but warns Fed may still tighten too fast
UAE central bank to 'Emiratise' finance sector
Measure will reserve 5,000 jobs for nationals by 2026
Fed officials debate risks of a ‘hot economy’
Academics and policy-makers weigh up whether economy is now overheating
Change at the Bundesbank: from Weidmann to Nagel?
Politics at the apex of German central banking amid Buba/ECB discord
Union objects to Colombian central bank’s branch closures
Bank of the Republic is converting some regional offices to cultural centres, closing treasuries
Alternative data fuels central bank research
Important research areas include monetary transmission, exchange rates, digitisation, SMEs and more
Pandemic spurred use of alternative data
Advanced and emerging market economies prioritise different applications
Tackling surging inflation
Central banks around the world are grappling with rapid price rises, with some taking very different routes to others