Central-Banks
Amol Agrawal: Mostly Economics
-
What explains the differences between rising stock markets and declining economic prospects?
Prof Robert Shiller in this Proj Synd piece: The performance of stock markets, especially in the United States, during the coronavirus pandemic seems to defy logic. With cratering demand dragging down investment and employment, what could possibly be keeping share prices afloat? The more economic fundamentals and market outcomes diverge, the deeper the mystery becomes, until one considers possible explanations based on crowd psychology, the...
Read more » -
Central banks in parliaments: a text analysis of the parliamentary hearings of the Bank of England, the European Central Bank and the Federal Reserve
-
Plague, prorogation and the suspension of the courts in fifteenth-century England
-
New Testament’s Matthew effect and modern finance: on the nexus between wealth inequality, financial development and financial technology
-
Reserve Bank of NZ begins to build teams for money and payment futurists
-
How the 1991 reforms changed our lives and who gets the credit?
-
Evolution of Monetary policy framework in India: Mid-1980s to today
Atlanta Fed
-
Do Higher Wages Mean Higher Standards of Living?
« Is There a Taylor Rule for All Seasons? | Main Editor's note: We have updated macroblog's location on our website, although archival posts will remain at their original location. Readers who use RSS should update their feed's URL to https://www.frbatlanta.org/rss/macroblog.aspx. ...
Read more » -
Is There a Taylor Rule for All Seasons?
-
Faster Wage Growth for the Lowest-Paid Workers
-
Is Job Switching on the Decline?
-
Private and Central Bank Digital Currencies
-
New Evidence Points to Mounting Trade Policy Effects on U.S. Business Activity
-
Digging into Older Americans’ Flat Participation Rate
Bank of Canada
-
A Road Map to Payment Systems
On the road or in payment systems, traffic jams are a nightmare. But unlike our roads, our payment systems can avoid congestion thanks to redundancies. Simply put, the Bank of Canada invests in backup systems to ensure our operations are smooth and resilient, even in the face of disruptive events. COVID‑19 offers one example. The pandemic has disrupted every aspect of our lives, and payment systems are no exception. Amid concern that bank...
Read more » -
Business Outlook Survey—Summer 2020
-
Canadian Survey of Consumer Expectations—Second Quarter of 2020
-
Protecting yourself from scams
-
Our COVID-19 response: navigating diverse economic impacts
-
Bank of Canada partners with the Bank for International Settlements to launch innovation centre
-
Our COVID-19 response: Supporting operations
Bank of International Settlement
-
Bank failure management in the European banking union: What’s wrong and how to fix it
FSI Papers | 09 July 2020 by Fernando Restoy, Rastko Vrbaski and Ruth Walters PDF full text (443kb) | 27 pages The European banking union's current framework for bank failure management does not guarantee that bank failures can be handled without significant support from...
Read more » -
Targeted revisions to the credit valuation adjustment risk framework
-
Implications of financial market development for financial stability in emerging market economies
-
The Matthew effect and modern finance: on the nexus between wealth inequality, financial development and financial technology
-
Eighteenth progress report on adoption of the Basel regulatory framework
-
International spillovers of forward guidance shocks
-
Sound management of risks related to money laundering and financing of terrorism: revisions to supervisory cooperation
Bank Of Japan
-
Basic Figures on Fails (June)
Download PDF
Read more » -
Corporate Goods Price Index (June)
-
Review of the Benchmark Ratio Used to Calculate the Macro Add-on Balance in Current Account Balances at the Bank of Japan
-
Regional Economic Report (Summary) (July 2020)
-
Money Stock (June)
-
(BOJ Review) Recent Issues in Capital Flows — Trends in Capital Inflows to Japan & Asia and Challenges Ahead —
-
Average Interest Rates by Type of Deposit
David Andolfatto: Macro Mania
-
Why the Fed Should Create a Standing Repo Facility
I was invited recently to take part on a panel discussion on Modernizing Liquidity Provision as part of a conference hosted jointly by CATO and the Mercatus Center entitled A Fed for Next Time: Ideas for a Crisis-Ready Central Bank. My post today is basically a transcript of the presentation I gave in my session. I'd like to thank George Selgin and David Beckworth for inviting me to speak on why the Fed should create a standing repo facility,...
Read more » -
Kalecki on the Political Aspects of Full Employment
-
A conversation with Eric Tymoigne on MMT vs SMT
-
Blanchard and Farmer on the Phillips Curve
-
Does the Phillips Curve Live in Europe?
-
The Phillips Curve in Recession and Recovery
-
Is the U.S. budget deficit sustainable?
ECB Press Releases
-
Communiqué on Bulgaria
PRESS RELEASE10 July 2020At the request of the Bulgarian authorities, the finance ministers of the euro area Member States of the European Union, the President of the European Central Bank, and the finance ministers and central bank governors of Denmark and Bulgaria have decided, by mutual agreement, to include the Bulgarian lev in the Exchange Rate Mechanism (ERM II). The Commission has been involved and the Economic and Financial Committee...
Read more » -
Communiqué on Croatia
-
Christine Lagarde: Interview with Financial Times
-
Isabel Schnabel: Interview with NRC Handelsblad
-
Fabio Panetta: Unleashing the euro’s untapped potential at global level
-
ECB welcomes initiative to launch new European payment solution
-
Yves Mersch: In the spirit of European cooperation
FRED
-
The impact of social distancing on leisure and hospitality : State-level data from the BLS
View on GeoFRED® The FRED Blog has discussed the impact of the COVID-19 pandemic on national retail sales and employment. And Leibovici, Santacreu, and Famiglietti index the contact-intensity of a range of occupations and estimate the economic impact of their reduced activity. Their work ranks several leisure and hospitality occupations in the high-contact category. Today, we look at the impact that social distancing has had on employment...
Read more » -
Constructing a bilateral real exchange rate : How to create new series on FRED
-
When initial claims, unemployment, and payroll employment clash
-
The lockdown’s effect on the alcoholic beverage market : March’s “last call for alcohol” boosted demand but only nudged prices
-
Dating a recession : FRED marks the spot
-
Government spending on police : State and local expenditures data from the BEA
-
Monetary policy tools today: Paying interest on all those reserves
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
iMFdirect
-
Fiscal Policies for a Transformed World
By Vitor Gaspar and Gita Gopinath The ongoing COVID-19 pandemic has already prompted an unprecedented fiscal policy response of close to $11 trillion worldwide. But with confirmed cases and fatalities still rising fast, policymakers will have to keep the public health response their No. 1 priority while retaining supportive and flexible fiscal policies and preparing for transformational economic change. Policymakers should tackle the rising...
Read more » -
Teleworking is Not Working for the Poor, the Young, and the Women
-
Digital Financial Inclusion in the Times of COVID-19
-
Reopening Asia: How the Right Policies Can Help Economic Recovery
-
Chart of the WeekLow Internet Access Driving Inequality
-
Outlook for Latin America and the Caribbean: An Intensifying Pandemic
-
Financial Conditions Have Eased, but Insolvencies Loom Large
Impact Evaluations
-
Weekly links May 10: why CCTs aren’t enforced before elections, when evidence isn’t used, digitalizing data, and more…
On Let’s Talk Development, results from tax compliance trials in Kosovo show some small increases from reminders, but also highlight the challenges of implementation, with many people not receiving their assigned treatment (e.g. half the letters not making it to recipients, less than one-quarter of emails opened). The CSAE coder’s corner has Meredith Paker sharing ...
Read more » -
Labor Data and Quantity/Quality Tradeoffs
-
A different take on “Targeting the Ultra-Poor” programs
-
Weekly links May 3: reducing survey non-response or perhaps it is ok, s-values, an award for incentives, and more…
-
Gender bias and getting grants
-
Capturing cost data: a first-mile problem
-
Weekly links April 26: Submissions fees coming to a journal near you, recursive rankings, business mentoring, stop your workers quitting by letting them complain, and more…
JP Koning: Moneyness
-
Bitcoin is more like ham radio than the early internet
People in the bitcoin community often make fun of me as a nocoiner. That is, I don't have any bitcoins and am vocal about that fact. (Neither of which is true, by the way).The truth is that I have no problem with bitcoin. It is a solid protocol that has survived handily for eleven years. When I come off as being critical, it's usually because I'm attacking the various narratives, or fan fictions, that have sprung up around bitcoin. Don't get...
Read more » -
Is fiat money to blame for the Iraq war, police brutality, and the war on drugs?
-
Banks are slow to increase rates on savings accounts, but quick to reduce them
-
Want to open an account at the central bank? I’ll pass, thanks
-
How the Bank of Canada’s balance sheet went from $118 billion to $440 billion in eight weeks
-
One country, two monetary systems
-
Why Fedcoin
New York Fed
-
Medicare and Financial Health across the United States
Paul Goldsmith-Pinkham, Maxim Pinkovskiy, and Jacob Wallace Consumer financial strain varies enormously across the United States. One pernicious source of financial strain is debt in collections—debt that is more than 120 days past due and that has been sold to a collections agency. In Massachusetts, the average person has less than $100 in collections debt, while in Texas, the average person has more than $300. In this post, we...
Read more » -
Do College Tuition Subsidies Boost Spending and Reduce Debt? Impacts by Income and Race
-
Measuring Racial Disparities in Higher Education and Student Debt Outcomes
-
Who Has Been Evicted and Why?
-
Inequality in U.S. Homeownership Rates by Race and Ethnicity
-
Introduction to Heterogeneity Series III: Credit Market Outcomes
-
A New Reserves Regime? COVID-19 and the Federal Reserve Balance Sheet
![]()
RBA
-
Weekly links October 23: popularizing research, partial identification, celebrating ideas-led growth, and more…
Berk Ozler Senior Economist, Development Research Group, World Bank David McKenzie Lead Economist, Development Research Group, World Bank Markus Goldstein Lead Economist, Africa Region and Research Group, World Bank David Evans Senior Economist Development Impact Guest Blogger Guest bloggers
Read more » -
Exporting on eBay: The Impact of Lowering the Hassle Costs of Exporting
-
Weekly links October 16: business plan press, Deaton, policies for a better-fed world, and more…
-
What is the return on adult education? Evidence from India
-
Weekly links October 9: the next step in transparency? Minimum wages in Africa, pirates, and more…
-
Weekly links October 2: IV-bashing, the verdict on cash, we are hiring, opening lines, and more…
RBNZ
-
Reserve Bank of New Zealand News Releases 1970-01-01 00:00:00
[unable to retrieve full-text content]
Read more » -
Monetary Policy dates for 2021
-
Reserve Bank embraces kaitiaki role in outlining its priorities
-
Reserve Bank welcomes new funding agreement
-
Monetary Policy easing to continue
-
Reserve Bank approves sale of AMP Life
-
Reserve Bank supports global call to action on remittances
Swiss National Bank News
-
2020-07-10 – SNB Working Papers – Double overreaction in beauty contests with information acquisition: theory and experiment
Download PDF
Read more » -
2020-07-07 – Statistics – IMF Special Data Dissemination Standard (SNB Data), 7 July 2020
-
2020-07-06 – Press release – Important monetary policy data for the week ending 3 July 2020
-
2020-06-30 – Publication – SNB Research Report 2019
-
2020-06-30 – Statistics – IMF Special Data Dissemination Standard (SNB Data), 30 June 2020
-
2020-06-29 – Press release – Important monetary policy data for the week ending 26 June 2020
-
2020-06-29 – Press release – Swiss balance of payments and international investment position: Q1 2020
SNB & CHF
-
Umsetzung FIDLEG/FINIG: FINMA bewilligt erste Aufsichtsorganisationen
Die Eidgenössische Finanzmarktaufsicht FINMA erteilt OSIF und OSFIN die ersten Bewilligungen als Aufsichtsorganisationen, zuständig für die Aufsicht über Vermögensverwalter und Trustees. Weiter liess sie die erste Registrierungsstelle für Kundenberaterinnen und Kundenberater zu. Das Eidgenössische Finanzdepartement anerkannte ausserdem die ersten Ombudsstellen nach FIDLEG für Finanzdienstleister. Die FINMA erteilt dem Organisme de...
Read more » -
Willkommen in einer Zukunft ohne Zins
-
Swiss Balance of Payments and International Investment Position: Q1 2020
-
Banks in Switzerland 2019
-
Swiss National Bank forecasts deflation until 2022
-
SNB Monetary Policy Assessment June 2020 and Videos
-
SNB Preview
Stephen Williamson: New Monetarist Economics
-
What Sort of Financial Panic Is This?
Well, as you know, things are changing by the day in financial markets, and central banks are moving quickly to keep up. Most central banks have taken aggressive action recently. After a between-meetings policy rate cut of 50 basis points on March 3, the Fed yesterday reduced its target range for the fed funds rate to 0-0.25%. More to the point, the interest rate on the Fed's overnight reverse repo facility is set at 0%, the interest rate on...
Read more » -
Coronavirus and Monetary Policy
-
Is Inflation Targeting the Best We Can Do?
-
The FOMC: Where It’s Come From, and Where It’s Going
-
An Attempt to Sort out the Fed’s Overnight Market Issues
-
The Fed’s Failed Experiment
-
Is the Fed Doing Anything Right?
Tony Yates: Long and Variable
-
We need a new UK Centre for Epidemiology and Economics
The UK covid19 crisis kicked off with forecasts of the epidemic with and without mitigation measures like lockdowns. They were ultimately alarming enough to persuade the government to lockdown. The forecasts joined epidemiological insights with social science – evidence on the propensity of different groups to contact each other. But they did not tread further into economics. Economists like Toxvaerd and Fenichel, and subsequently many...
Read more » -
Vouchers: with poor timing, perhaps the worst kind of counter-covid recession policy
-
Make the BoE work for their oak panelled offices and get them to identify the missing stimulus needed
-
Why did we release lockdown too early? Perhaps because we started too late.
-
Lockdowns and lockdown releases are not going to be ‘fair’
-
Periscope q and a’s for non economists Friday 10am
-
Fiscal rules have been rightly blown out of the water by the covid19 crisis