Central-Banks
![]()
What is new?
-
What Pandemics Mean for Robots and Inequality
By Tahsin Saadi Sedik and Jiae Yoo From car manufacture to self-service checkouts, we all see how automation can transform the world of work—with lower costs and higher productivity on one hand, and more precarious employment for people on the other. But the COVID-19 pandemic added fuel to the fire. The rise in telework, for example, is hurting low-wage workers and increasing inequality. More broadly, if the pandemic accelerates the pace of...
Read more » -
2021-04-19 – Press release – Important monetary policy data for the week ending 16 April 2021
-
A COVID-19 Recovery Contribution
-
April Regional Service-Sector Survey Points to A Long-Awaited Rebound
-
2021-04-16 – SNB Working Papers – Optimal monetary policy with the risk-taking channel
-
Digital Yuan will not Dominate the World sais Bank of Japan
-
Minutes for the Twenty-first Meeting of the Cross-Industry Committee on Japanese Yen Interest Rate Benchmarks on March 26, 2021
Amol Agrawal: Mostly Economics
-
RBI sets up Regulations Review Authority to review its regulations
RBI to review its regulatory role: The Reserve Bank of India had set up a Regulations Review Authority (RRA) initially for a period of one year from April 1, 1999 for reviewing the regulations, circulars, reporting systems, based on the feedback from public, banks and financial institutions. The recommendations of the RRA enabled streamlining and increasing the effectiveness of several procedures, simplifying regulatory prescriptions, paved...
Read more » -
RBI releases names of applicants for ‘on tap’ licensing of Universal Banks and Small Finance Banks
-
Andy Haldane to leave role as Bank of England chief economist
-
Inflation in the aftermath of wars and pandemics: Evidence since 1300s
-
How well does New Zealand’s financial system serve the Maori community?
-
Report on the public consultation on a digital euro
-
Real interest rates and demographic developments across generations: A panel-data analysis over two centuries
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
-
Business Outlook Survey—Spring 2021
Data available as: CSV, JSON and XML
Read more » -
Canadian Survey of Consumer Expectations—First Quarter of 2021
-
Bank of Canada releases results from consultations on inflation and monetary policy
-
Supporting markets in tough times
-
Bank of Canada announces the recipients of the 2021 Fellowship Program Awards
-
Household consumption in a pandemic
-
Bank of Canada will hold current level of policy rate until inflation objective is sustainably achieved, continues quantitative easing
Bank of International Settlement
-
Project Rio
Rio is a prototype of a central bank-specific, real-time capable market monitoring platform. The cloud-based stream processing platform will process real-time financial data feeds and compute relevant liquidity and market risk measures.
Read more » -
Project Helvetia and Project Rio
-
Banking on a new digital ecosystem – new opportunities, business models and regulation
-
Central bankers at the frontier: the state of the art in advanced analytics and AI
-
Payments in a post-Covid world
-
Navigating the uncharted waters of retail CBDC
-
Financial innovation in Latin America
Bank Of Japan
-
Digital Yuan will not Dominate the World sais Bank of Japan
BoJ senior doubts that a digital Yuan would dominate the World. Kazushige Kamiyama, the key man for digital currency at the central bank, also discussed the future of digital yen in an exclusive interview with Bloomberg. Please like, comment, subscribe and ring the bell! it helps me a lot with the YT algo. Thank you! Source: Bloomberg NEVER click on links in the comment section!!! Might be SCAM! #bloomberg #coinbase #bitcoin #crypto...
Read more » -
Update on “Roadmap to Prepare for the Discontinuation of Japanese Yen LIBOR”
-
Minutes for the Twenty-first Meeting of the Cross-Industry Committee on Japanese Yen Interest Rate Benchmarks on March 26, 2021
-
Regional Economic Report (Summary) (Apr. 2021)
-
Average Interest Rates by Type of Deposit
-
T-Bills Purchased by the Bank of Japan
-
Japanese Government Bonds Held by the Bank of Japan
David Andolfatto: Macro Mania
-
A Natural Rate of Interest
This post was motivated by a conversation with Eric Lonergan. It began with a simple question: what should be the interest rate paid on reserves? I answered that according to theories I'm familiar with, reserves should earn the "natural" rate of interest, which I defined as the sum of population and productivity growth. So, assuming 2% "real" growth and 2% inflation, reserves (and government debt more generally) should be...
Read more » -
Is it time for some unpleasant monetarist arithmetic?
-
A Journey in Macroeconomic Thinking
-
[INTERVENTION] DAVID ANDOLFATTO Trading Societies of the Western Himalayas
-
Bob Murphy Show ep 175: David Andolfatto Defends the Fed
-
David Andolfatto on Central Bank Digital Currencies (CBDC)
-
Cochrane on debt II
ECB Press Releases
-
Results of the March 2021 survey on credit terms and conditions in euro-denominated securities financing and over-the-counter derivatives markets (SESFOD)
14 April 2021 Credit terms and conditions slightly eased for all counterparty types except hedge funds, while hedge fund use of financial leverage increased Maximum maturity of funding increased for many types of collateral, while haircuts and financing rates/spreads decreased for funding secured by all types of collateral Demand for funding continued to weaken across all collateral types Overall terms and conditions for securities...
Read more » -
ECB publishes the results of the public consultation on a digital euro
-
Fabio Panetta: A digital euro to meet the expectations of Europeans
-
Isabel Schnabel: Die Geldpolitik der EZB in der Corona-Krise
-
Luis de Guindos: Presentation of the ECB Annual Report 2020 to the Committee on Economic and Monetary Affairs of the European Parliament
-
Christine Lagarde: Interview with CNBC
-
Fabio Panetta: Interview with El País
FRED
-
Consumer spending on milk and cookies : Enjoy some comforting FRED expenditures data
The FRED Blog has looked at consumer comforts before: the seasonal increases in electricity use for cozy heating and cooling and the prices of homemade foods. Today we devote our post to, arguably, the most comforting childhood tradition: milk and cookies. The FRED graph above shows consumer expenditures on milk and cream (in white) and on bakery products (in chocolate chip cookie brown). We’ve adjusted the nominal value of those dollar...
Read more » -
From PPI to CPI
-
ALFRED at 15: Archiving FRED data since 2006
-
Wealth Distribution in the U.S.: How Much Do the Top 10% Own?
-
Employment in the information industry : Large growth in producing, storing, and searching for information online
-
FRED adds interplanetary data
-
Upheaval in the U.S. housing market : Tracking higher prices and lower supply state by state
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
-
What Pandemics Mean for Robots and Inequality
By Tahsin Saadi Sedik and Jiae Yoo From car manufacture to self-service checkouts, we all see how automation can transform the world of work—with lower costs and higher productivity on one hand, and more precarious employment for people on the other. But the COVID-19 pandemic added fuel to the fire. The rise in telework, for example, is hurting low-wage workers and increasing inequality. More broadly, if the pandemic accelerates the pace of...
Read more » -
A COVID-19 Recovery Contribution
-
Short-term Shot and Long-term Healing for Latin America and the Caribbean
-
From Vaccines to V-Shaped Recovery in Europe
-
Charting a Course for Economic Renewal in Europe
-
Press Briefing | Regional Economic Outlook: Asia-Pacific
-
After a Strong Crisis Response, Asia Can Build a Fairer and Greener Future
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
-
The Biden stimulus and the big jump in cash
Since mid-March, the stock of U.S. banknotes has surged by $45 billion. That's a 2.1% increase in just 30-days. This jump surprised me (ht to David Beckworth, who brought it to my attention). That's because cash demand patterns are typically quite predictable. We always see a seasonal Christmas/New Year's rush for cash. After Christmas vacation is finished the stock of cash always falls as notes and coins are returned to banks. For the rest...
Read more » -
From Circle-of-Gold to Mega$Nets to Bitcoin
-
Hacksilver
-
Tether, a bigger badder PayPal
-
Ponzis and bitcoin as a response to a bad economy: the case of Nigeria
-
Defining the “regulated” in “regulated stablecoin”
-
The fabrication of trust in various types of dollars
New York Fed
-
April Regional Service-Sector Survey Points to A Long-Awaited Rebound
Jason Bram and Richard Deitz While the manufacturing sector typically drives recessions and recoveries more than the service sector, the opposite has been true during the pandemic recession. Finally this month, the Federal Reserve Bank of New York’s April business surveys point to a solid increase in service sector activity as well as continued strength in manufacturing activity in the New York-Northern New Jersey region, marking the...
Read more » -
What Is behind the Global Jump in Personal Saving during the Pandemic?
-
How COVID-19 Affected First-Time Homebuyers
-
An Update on How Households Are Using Stimulus Checks
-
Do People View Housing as a Good Investment and Why?
-
“Excess Savings” Are Not Excessive
-
The New York Fed DSGE Model Forecast—March 2021
![]()
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
-
Monetary Stimulus Continued
[unable to retrieve full-text content]The Monetary Policy Committee agreed to maintain the current stimulatory level of monetary settings in order to meet its consumer price inflation and employment objectives. The Committee will keep the Official Cash Rate (OCR) at 0.25 percent, and the Large Scale Asset Purchase and Funding for Lending programmes unchanged.
Read more » -
Reserve Bank retains some dividend restrictions and expects banks to be prudent
-
Reserve Bank responds to call for Climate Change consultation
-
RBNZ takes action over weaknesses in Westpac NZ’s risk governance
-
Reserve Bank's Payment and Settlement Systems win international award
-
Reserve Bank Graduate & Intern Presentation – March 2021
-
Reserve Bank Graduate and Intern Programmes 2021
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
David Andolfatto: Macro Mania
-
A Natural Rate of Interest
This post was motivated by a conversation with Eric Lonergan. It began with a simple question: what should be the interest rate paid on reserves? I answered that according to theories I'm familiar with, reserves should earn the "natural" rate of interest, which I defined as the sum of population and productivity growth. So, assuming 2% "real" growth and 2% inflation, reserves (and government debt more generally) should be...
Read more » -
Is it time for some unpleasant monetarist arithmetic?
-
A Journey in Macroeconomic Thinking
-
[INTERVENTION] DAVID ANDOLFATTO Trading Societies of the Western Himalayas
-
Bob Murphy Show ep 175: David Andolfatto Defends the Fed
-
David Andolfatto on Central Bank Digital Currencies (CBDC)
-
Cochrane on debt II
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