Research
Bank of Canada - Autumn Review
The Autumn issue of the Bank of Canada Review examines how structural factors and developments affect the economic performance of an advanced economy such as Canada.
UK houses price to fall: Fed
House prices in the United Kingdom will fall considerably in the near- to medium-term, finds a new paper from the Federal Reserve Board.
Boston Fed covers global imbalances
The Boston Federal Reserve has published a new e-book on global imbalances.
IMF lending has political bias
A paper from the European Central Bank shows that geopolitical considerations are an important factor in shaping International Monetary Fund's lending.
Crisis myths true - Boston's reply to Minneapolis
A new paper from the Boston Federal Reserves takes issue with a recent paper from the Minneapolis Fed's that found four widely-held beliefs about the financial crisis of 2008 to be false.
Oil prices, fiscal policy and business cycle
In countries with a large oil sector relative to the rest of the economy, oil price changes affect the economic cycle through fiscal policy, finds a new paper from the International Monetary Fund.
EMU reduces domestic political shocks impact
Economic and monetary union (EMU) has helped reduce the impact of political shocks on the economy of member states, finds a new paper from the European Central Bank.
Study of EU bank acquisitions
A new paper from the Bank of Spain analyses bank acquisitions both within and across the EU25 countries betwenn 1997 and 2004.
Remittances suffer in the wake of turmoil
Remittance flows to developing countries slowed in the third quarter of 2008 and are expected to slow further in 2009 due to the global financial crisis, a new report from the World Bank finds.
US inflation not persistent
A new paper from the Bank of Mexico finds that in the post-second world war period United States inflation has not proven persistent.
Great Depression was different - St Louis Fed
Policymakers must remember that circumstances very different to those that led to the Great Depression had triggered the current crisis, research from the St Louis Federal Reserve states.
Focus of monetary policy research often misplaced
The focus on determinacy in recent monetary policy research is misplaced, Bennett McCallum, an economics professor at Carnegie Mellon University, argues.
Bundesbank on the causes of home bias
Research from the Bundesbank studies why the tendency to hold domestic paper prevails despite the rise in cross-country capital flows over the last two decades.
Bank of Finland: Corruption bad for growth
Countries with low levels of corruption tend to have higher output, states an article from the Bank of Finland.
Chile's deficit under the lens
A new paper by the Central Bank of Chile describes and assesses the main causes of the institution's deficit.
Family size related to wealth: St Louis Fed
Richer people tend to have more children, new research from the St Louis Federal Reserve finds.
Inflation targets flexible and resilient
Inflation targeting has proved fairly flexible and resilient, research from the Boston Federal Reserve states.
Credit-growth targeting improves policy
Integrating credit growth into monetary policy improves performance, finds a new paper for the European Central Bank.
US: debit cards and electronic payments rising
Electronic methods of cheque clearing are rapidly replacing traditional paper methods, reports a new paper from the Federal Reserve Board.
Fed examines poverty
The Federal Reserve Board and the 12 regional banks have collaborated on a study looking at high-poverty neighbourhoods in the US and the challenges these communities face.
Processing speed key to bank liquidity
Payments processing speed is a significant factor in explaining the liquidity holdings of banks throughout the day, finds a new paper by the Bank of Canada.
ECB communicates well
European Central Bank's (ECB) monetary policy communication is clear in about 95% of cases, finds a new paper from the International Monetary Fund.
G7 statements aid currency management
The G3 currencies move in the direction intended by the G7's communiques, research from the European Central Bank (ECB) indicates.
Four reasons for Iceland's headache
Iceland's financial problems are a result of a non-viable business model, finds a new paper by Willem Buiter and Anne Sibert from the Centre for Economic Policy Research (CEPR).