Economics
RBA: Australian bond market weathered financial crisis very well
Reserve Bank of Australia study shows Australia’s bond markets functioned well during the financial crisis
German economic strength 'a fallacy': Charles Dumas interview
The Lombard Street Research chairman tells Credit the German economy is far weaker than has been supposed
Goodhart: CoCos 'not silver bullets' for bank capital reform
Regulators should ban dividend payments or curb banker pay to conserve cash, instead of championing CoCos, says economist
Ratings agencies blindly mimic market jitters: Noyer
Banque de France governor becomes latest euro-area official to slam credit rating agencies for worsening debt crisis; remarks follow Spain’s second downgrade in two months
IMF: higher capital costs could suffocate growth in Aus, NZ
Fund study into post-crisis growth levels in Australia and New Zealand says biggest threat is higher capital costs
Norges Bank: Logarithmic opinion pools better forecaster of uncertainties
Norges Bank study finds that logarithmic opinion pools are better than linear opinion pools in modelling density forecasts
Norges Bank improves forecasting methods for external shocks
Norges Bank research applies theory of conditional forecasts to dynamic stochastic general equilibrium models
Missed mortgage payments spike in Ireland
Thirteen percent of mortgage payments overdue by more than 90 days; chief regulator Matthew Elderfield says there is no simple solution to the problem
Spanish CDS spread jumps as four banks announce merger
Four regional savings banks announce merger after one ailing lender was seized and placed into administration by the central bank on Saturday; move plays into investor fear that banking sector is unsteady
Philly Fed: Income gap has widened in Third District counties
Philadelphia Federal Reserve study finds greater income inequality in its area following economic downturn
NY Fed’s Dudley: US jobs market still has bright future
New York Federal Reserve president William Dudley offers positive outlook on jobs despite continued stresses in economy
RBI’s Chakrabarty pushes for greater funding to India's SMEs
Reserve Bank of India's Kamalesh Chakrabarty discusses long term goals for microfinance in India
Bank of Spain bail-out spooks investors
Spanish central bank’s rescue of savings bank CajaSur on Saturday sees Spanish bank shares falling on Monday; central bank says rescued bank accounts for very small percentage of system overall
RBA’s Edey: price competitiveness sparked by special rates on term deposits
Reserve Bank of Australia assistant governor says demand for liquid paper has led to special rates for term deposits
Persistent UK inflation sparks concern over Bank’s forecasting
Mervyn King forced to pen another letter to chancellor as inflation remains way above target
Deficits set to stay sky-high despite growth revival, warns Fund
IMF says deficits worldwide will fall by less than expected in 2010, in spite of improved growth prospects; developed economies worst offenders
Economic cycles in Middle East, North Africa and Pakistan
New IMF paper analyses recessions and recoveries in Middle East, North Africa and Pakistan
Bangladesh Bank gets $250m for infrastructure project
Bangladeshi central bank will administer loan from World Bank to support infrastructure investment
Finnish housing rebound larger than neighbours'
Finnish central bank report shows housing market was boosted by low interest rates but remains well below its pre-crisis peak
Bernanke: happiness is relative
Federal Reserve Chairman Bernanke sets out his view on the economics of happiness and the Easterlin paradox
IMF: Larger long-term credit facilities needed in WAEMU
IMF study shows more investment in longer term projects in West African Union countries will enhance returns
Sovereign troubles will drag banks down: Moody's
Ratings agency says sovereign downgrades in the southern eurozone could lead to decline in banking sector, further spending cuts will exacerbate problem
IMF: tax reforms necessary to reduce poverty in Central America
IMF study shows reform of Central America’s regressive fiscal policies can improve wellbeing of poor households
IMF: fiscal policies ineffective in stabilising economies
IMF study shows automatic stabilisers and not outright discretionary fiscal policy is an effective remedy for stability