Central-Banks
SNB & CHF: The Swiss National Bank and Swiss Franc Blog
-
SNB Grants Fintechs Access to SIC
In a press release the Swiss National Bank explains that it grants access to … [fintechs] that make a significant contribution to the fulfilment of the SNB’s statutory tasks, and whose admission does not pose any major risks. Entities with fintech licences whose business model makes them significant participants in the area of Swiss franc payment transactions will therefore be granted access to the SIC system and to sight deposit accounts....
Read more » -
Will the SNB ever make profits again?
-
Swiss National Bank Suffers $15 Billion Loss On 2018 Market Rout
-
Will the SNB ever make profits again?
-
Swiss National Bank expects annual loss of CHF 15 billion
-
Brexit vote to dominate Pound to Swiss Franc exchange rates
-
GBP/CHF Forecast: Swiss Franc at Best Level against the Pound in over a year
FRED
-
Japan’s anti-retirement miracle
[embedded content] The graph above shows real GDP growth for two countries, Japan and the United States. It's pretty clear the U.S. growth rate has consistently been higher than Japan's. (Recently, there have been only a few quarters where Japan has higher growth.) But can we really compare these two growth rates? One important difference between the two countries is that the U.S. population is growing while Japan's is stagnant, if not...
Read more » -
Which workers quit more?
-
Do we live in uncertain times?
-
The education trade balance
-
The foreign travel trade balance
-
Housing starts
-
How to measure inflation expectations
Bank Of Japan
-
Amendment to “Principal Terms and Conditions for the Loan Support Program”
Download PDF
Read more » -
Outlook for Economic Activity and Prices (January 2019, The Bank’s View)
-
Statement on Monetary Policy
-
Senior Loan Officer Opinion Survey (Jan.)
-
Average Interest Rates by Type of Deposit
-
Japanese Government Bonds Held by the Bank of Japan
-
T-Bills Purchased by the Bank of Japan
Swiss National Bank News
-
2019-01-21 – Press release – Important monetary policy data for the week ending 18 January 2019
Download PDF
Read more » -
2019-01-15 – Financial markets – Public bonds of the Swiss Confederation according to maturity (situation at 15.01.2019)
-
2019-01-14 – Press release – Important monetary policy data for the week ending 11 January 2019
-
2019-01-14 – Statistics – IMF Special Data Dissemination Standard (SNB Data), 14 January 2019
-
2019-01-11 – Press release – Swiss National Bank sets criteria for fintech companies’ access to Swiss Interbank Clearing
-
2019-01-09 – Statistics – IMF Special Data Dissemination Standard (SNB Data), 9 January 2019
-
2019-01-09 – Press release – Swiss National Bank expects annual loss of CHF 15 billion
Atlanta Fed
-
Quantitative Frightening?
« Are Employers Focusing More on Staff Retention? | Main I didn't coin the title of this blog post. It was the label on a chart of the Federal Reserve's balance sheet that appeared in an issue of The Wall Street ...
Read more » -
Are Employers Focusing More on Staff Retention?
-
Defining Job Switchers in the Wage Growth Tracker
-
Cryptocurrency and Central Bank E-Money
-
Polarization through the Prism of the Wage Growth Tracker (Take Two)
-
Polarization through the Prism of the Wage Growth Tracker
-
On Maximizing Employment, a Case for Caution
RBA
-
Statement by Philip Lowe, Governor: Monetary Policy Decision
At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economic expansion is continuing and unemployment rates in most advanced economies are low. There are, however, some signs of a slowdown in global trade, partly stemming from ongoing trade tensions. Growth in China has slowed a little, with the authorities easing policy while continuing to...
Read more » -
Samoa Commitment for the Pacific Islands
-
Guilty Pleas made by Note Printing Australia and Securency in the Supreme Court of Victoria
-
Payments System Board Update: November 2018 Meeting
-
Statement by Philip Lowe, Governor: Monetary Policy Decision
-
New Payments Platform: Consultation
-
Next Generation of Banknotes: $50 Enters General Circulation
iMFdirect
-
Unlimited Opportunities: Creating More Jobs for Young People in Emerging Market and Developing Economies
By Christine Lagarde and John Bluedorn عربي, Español,Français, Português, Русский “To define is to limit,” Oscar Wilde once said. But sometimes economists need to use definitions to see the scope of a problem and find ways to lift the limits to success. This is especially true for young people in emerging markets and developing economies. We know that young people are essential to economic development and growth. They make up approximately...
Read more » -
A Weakening Global Expansion Amid Growing Risks
-
Three Steps to Avert a Debt Crisis
-
Building Defenses Against the Next Economic Downturn
-
Countries in the IMF Financial Spotlight in 2019
-
How Much Should You Save for Retirement?
-
Chart of the Week: Japan Grows Older
JP Koning: Moneyness
-
Should we have to line up for money or not?
I finally had some time to read George Selgin's excellent Floored! over the Christmas holiday. Some family members saw me reading the book and asked me what it was about. The subject that George is tackling—two types of central bank operating systems—is quite technical, so I wasn't sure how to break it down for them. But in hindsight, here's how I would go about it. I'm going to explain what the issues are in terms of an instrument we all use...
Read more » -
Swedish betrayal
-
Christmas and cash
-
Can lottery tickets become money?
-
No, Ohio isn’t accepting bitcoin tax payments
-
The demonetization gap
-
The credit theory of money
Impact Evaluations
-
Setting up your own firm for a firm experiment
The typical approach to examining how workers, consumers, or governments interact with a firm has been for researchers to find a willing firm owner and convince them to run experiments. Examples include Bandiera et al. working with a UK fruit-farmer to test different payment incentives for immigrant workers; Bloom et al. working with a Chinese ...
Read more » -
Weekly links January 18: an example of the problem of ex-post power calcs, new tools for measuring behavior change, plan your surveys better, and more…
-
Education spending and student learning outcomes
-
When it comes to modern contraceptives, history should not make us silent: it should make us smarter.
-
Weekly links January 11: it’s not the experiment, it’s the policy; using evidence; clustering re-visited; and more…
-
Changing gender attitudes, one teenager at a time
-
Attrition rates typically aren’t that different for the control group than the treatment group – really? and why?
Amol Agrawal: Mostly Economics
-
Why we need to be wary of narratives of economic catastrophe?
Thoughtful piece by Prof Jeremy Adleman of Princeton Univ: It’s important to recognise one of the catastrophist’s rhetorical moves. Stories of doom thrive on turning a tension into an incompatibility. A tension implies two forces at odds – like hot and cold, like price stability and jobs, like helping strangers and assisting neighbours; while they pull in different directions, they can be mixed. Earlier big narratives used to explain choices...
Read more » -
The Effect of Superstition on Health: Evidence from the Taiwanese Ghost Month
-
The past, present and future of farm loan waivers in India
-
RBNZ wins award for its excellent financial dashboard (example for other central banks to follow…)
-
20 years of Euro: a glass half-full or half-empty?
-
Examining the trade-off between price and financial stability in India
-
Turkey’s central bank pays early interim dividend…
David Andolfatto: Macro Mania
-
When is more competition bad?
Contrary to popular belief, standard economic theory does not provide a theoretical foundation for the notion that "competition is everywhere and always good." It turns out that legislation that promotes competition among producers may improve consumer welfare. Or it may not. As so many things in economics (and in life), it all depends.I recently came across an interesting paper demonstrating this idea by Ben Lester, Ali Shourideh,...
Read more » -
Racial Diversity in the Supply of U.S. Econ PhDs
-
Does the Fed have a symmetric inflation target?
-
Working More for Less
-
Does the Floor System Discourage Bank Lending?
-
Smart Contracts and Asset Tokenization
-
What is the yield curve forecasting?
Stephen Williamson: New Monetarist Economics
-
The Fed and the New Year
Much of the first two years of the Trump administration was unexpectedly good for the Fed. Appointees to the Board of Governors - Quarles, Bowman, Clarida - are actually qualified to do their jobs, in contrast to most of the folks now inhabiting the executive branch. Trump may have been willing to ditch Janet Yellen (for no obvious reason other than that she was appointed by Obama), but he replaced her with a Fed insider, Jay Powell, who has...
Read more » -
Fed’s Portfolio Manager Says Not to Worry
-
Should You Be As Excited About GDP Growth As Donald Trump Claims to Be?
-
Don’t Fear the Inversion – It’s the Short Rate That Kills You
-
Fed Balance Sheet Policy, and Treasury Debt Management
-
Fed Balance Sheet News
-
Jawboning Makes a Comeback
ECB Press Releases
-
Results of the January 2019 euro area bank lending survey
PRESS RELEASE22 January 2019Credit standards broadly unchanged for loans to enterprises and housing loansFirms’ and households’ demand for loans higher, but banks expect some moderation in demandBanks’ non-performing loans have tightening impact on credit standards Credit standards – i.e. banks’ internal guidelines or loan approval criteria – for loans to enterprises remained broadly unchanged in net terms in the fourth quarter of 2018,...
Read more » -
Private sector working group publishes “Guiding principles for fallback provisions in new contracts for euro-denominated cash products”
-
Sabine Lautenschläger: A supervisory perspective on 2019 and beyond
-
Sabine Lautenschläger: Interview with Politico
-
ECB publishes single Code of Conduct for high-level officials
-
Yves Mersch: Interview with Hospodarske noviny
-
Mario Draghi: Debate about the Annual Report
Tony Yates: Long and Variable
-
Indy Voices post on Corbyn’s Brexit talks conditions
Link here. Advertisements
Read more » -
New Statesman blog on the “bollocks” of Labour’s Six Tests.
-
Whatever Powell says, the Fed can’t avoid taking political considerations into account.
-
What is the best Brexit outcome for the SNP?
-
King’s Bloomberg bloopers
-
Legitimacy somersaults
-
An optimistic forecast concerning the inconsistent ambitions of Lexiters and Brexiters
Bank of Canada
-
Monetary Policy Report Press Conference Opening Statement
Opening Statement Available as: PDF Good morning. I am pleased to be here to answer your questions about today’s interest rate announcement and our Monetary Policy Report (MPR). Before taking...
Read more » -
Bank of Canada maintains overnight rate target at 1 ¾ per cent
-
Monetary Policy Report – January 2019
-
Business Outlook Survey—Winter 2018
-
Senior Loan Officer Survey—Fourth Quarter of 2018
-
Year-End Economic Progress Report: Financial Vulnerabilities in Focus
-
Governor Poloz Speaks on Financial Vulnerabilities and Risks to the Economy
New York Fed
-
Post-Crisis Financial Regulation: Experiences from Both Sides of the Atlantic
Nicola Cetorelli, Stephanie Clampitt, Giovanni Majnoni d’Intignano, and Valerio Vacca To mark the 100-year anniversary of the Banca d’Italia’s New York office, the Federal Reserve Bank of New York and the Banca d’Italia hosted a workshop on post-crisis financial regulation in November 2018. The goal of the workshop was to discuss differences in regulation between the United States and Europe (and around the globe more broadly), examine...
Read more » -
The Indirect Costs of Lehman’s Bankruptcy
-
Customer and Employee Losses in Lehman’s Bankruptcy
-
Lehman’s Bankruptcy Expenses
-
Creditor Recovery in Lehman’s Bankruptcy
-
How Much Value Was Destroyed by the Lehman Bankruptcy?
-
Highlights from the Fourth Bi-annual Global Research Forum on International Macroeconomics and Finance
RBNZ
-
Reserve Bank of New Zealand News Releases 1970-01-01 00:00:00
[unable to retrieve full-text content]
Read more » -
Reserve Bank publishes climate change strategy and joins global network
-
RBNZ Senior Leadership Team appointment
-
CBL Insurance information disclosures
-
Higher bank capital better for banking system and NZ
-
Joint statement from the South Pacific Governors' Meeting
-
Updated weights for Trade-Weighted Index
Bank of International Settlement
-
Beyond the doomsday economics of “proof-of-work” in cryptocurrencies
BIS Working Papers | No 765 | 21 January 2019 by Raphael Auer PDF full text (606kb) | 31 pages Summary Focus The paper focuses on how Bitcoin and related cryptocurrencies verify that payments are final, ie irreversible once written into the blockchain. It points to the high costs of...
Read more » -
Global Banking, Financial Spillovers, and Macroprudential Policy Coordination
-
Minimum capital requirements for market risk
-
On money, debt, trust and central banking
-
Regulation and supervision of financial cooperatives
-
Proceeding with caution – a survey on central bank digital currency
-
Globalisation and deglobalisation
FT Money Supply
-
Money Supply 1970-01-01 00:00:00
[unable to retrieve full-text content]
Read more » -
Money Supply 2014-07-29 13:41:38
-
ECB caught up in economists’ spat
-
TLTRO: how well has the ECB targeted its loans?
-
Live blog: Mario Draghi’s monthly ECB press conference
-
Japan’s inflation expectations: glass half empty?
-
Carney’s (old) new normal
