Research
Economic Review from the Atlanta Fed Bank
PUBLICATION - The Federal Reserve Bank of Atlanta has published its Economic Review for the fourth quarter 2002. The latest edition includes an article titled 'Reserve Requirements: A Modern Perspective'. The Fed often uses reserve requirement changes,…
New England Economic Review, Third Quarter 2002
PUBLICATION - Published quarterly by the Federal Reserve Bank of Boston, the journal examines economic and public policy issues, as researched by the Bank's economists and others. The most recent edition of the New England Economic Review contains an…
Micro policies and turbulence in asset markets
REPORT - The Contact Group on Asset Prices on Wednesday released the report Turbulence in asset markets: the role of micro policies. The report explores how micro policy measures can reduce the risks of excessive and potentially destabilising asset price…
RBNZ Consultation - Designated payment systems
REPORT - The Reserve Bank is proposing new legislation which will allow for the designation of payment systems, and welcomes comments on the consultation document Designated payment systems, 20 December.
Bank of Canada Financial System Review, Dec 2002
REPORT - The Bank of Canada published its semi-annual Financial System Review on 19 December. The report says that the Canadian financial system has coped well during the recent period of increased financial stress. The weakening economic environment of…
Bank of Japan Monthly Report, December 2002
REPORT - The Bank of Japan published its Monthly Report of Recent Economic and Financial Developments, December 2002, on 19 December. In its report the Bank says "Japan's economy has stabilised as a whole, but there is still substantial uncertainty…
Chicago Fed National Activity Index, November 2002
REPORT - CFNAI shows economic growth remains soft in November - In November, the Chicago Fed National Activity Index (CFNAI) remained below zero for a fourth consecutive month, coming in at -0.51. The three-month moving average index, CFNAI-MA3, was at …
Bank of England Inflation Attitudes Survey, Nov 02
REPORT - The Bank of England's November 2002 quarterly Inflation Attitudes Survey was published on 16 December. The survey measures public attitudes to inflation in the UK. The latest survey shows 56% of respondents think the 2.5% inflation target is…
Reserve Bank of New Zealand Bulletin, December 02
REPORT - The Reserve Bank of New Zealand has published its quarterly Bulletin for December 2002. The December issue contains three articles on a range of topics reflecting the Reserve Bank's responsibilities. In "The Reserve Bank's forecasting…
The Region from the Minneapolis Fed December 2002
PUBLICATION - The Federal Reserve Bank of Minneapolis has published its regular magazine, The Region, for December 2002. This issue includes an interview with the first deputy managing director of the IMF Anne O Krueger who discusses currency boards, the…
Bank of England Quarterly Bulletin, Winter 2002
REPORT - The Bank of England released its Quarterly Bulletin, Winter 2002, on 16 December. In the report the Bank warned that increased debt levels among British consumers could lead to a problem if the economy turns sharply weaker. "Overall, changes in…
Bank of England Financial Stability Review, Dec 02
REPORT - The Bank of England published its Financial Stability Review for December 2002, Issue 13, on 12 December. It contains the Bank's regular half-yearly assessment of risks to financial stability, together with a number of articles including " The…
ECB Monthly Bulletin, December 2002
REPORT - The European Central Bank published its December 2002 Monthly Bulletin on 12 December. In the report the ECB says the decision of its Governing Council to reduce interest rates last week reflected their assessment that the evidence has increased…
Central Banker, Winter 2002
REPORT - The Winter 2002 edition of the St. Louis Fed's Central Banker magazine has been published. This edition includes articles on the new senior vice president in the Banking Supervision and Regulation Division at the St Louis Fed, Julie Stackhouse…
Concluding Statement of the IMF Mission to Norway
REPORT - Each year, the International Monetary Fund (IMF) assesses the Norwegian economy. During the last few days, a delegation from the IMF has visited Norway to gather information about the economic and financial situation and to discuss economic…
BIS Quarterly Review December 2002
REPORT - BIS Quarterly Review, International Banking and Financial Market Developments, December 2002. In the report the BIS said that confidence began to return to markets at the end of October after six months of mounting pessimism. But the report also…
Sveriges Riksbank Inflation Report, No.4, 2002
RESEARCH - Sweden's central bank has published its Inflation Report for the Fourth Quarter 2002. In the report the Riksbank said inflation has fallen back since the spring, which supports their earlier assessment, and that inflation expectations are also…
Monitoring the European Central Bank - Update
RESEARCH - Surviving the Slowdown, Monitoring the European Central Bank Update No. 4, December 2002, authors include David Begg and Paul De Grauwe. MECB 4 describes the challenge for monetary policy and assesses the ECB response. Interest rates fell much…
Economic Perspectives, Fourth Quarter 2002
REPORT - The Federal Reserve Bank of Chicago has published its regular quarterly journal of in-depth articles reporting on the Bank's economic research for the Fourth Quarter 2002. This edition includes an article 'Sorting out Japan's financial crisis'.
HKMA Quarterly Bulletin, November 2002
REPORT - The Hong Kong Monetary Fund has published its Quarterly Bulletin for November 2002. The issue includes feature articles on 'The impact of China's accession to the World Trade Organisation on Asia', 'Preserving monetary stability in the face of…
Practical Issues Arising from the Euro
REPORT - The Bank of England has published the latest in its twice yearly series 'Practical Issues Arising from the Euro' for November 2002. Part 1 reports on the UK's performance as a euro financial centre since the launch of the euro at the beginning…
Review of the international role of the euro
REPORT - The European Central Bank published its annual review of the international role of the euro on 2 December. The main findings are that the euro is the second most widely used currency internationally and its role is still growing, albeit…
Central banking in emerging economies
BOOK - Dr A. Vasudevan's book on Central Banking in Emerging Economies gives insights into the operation of central banking, which are useful for the analysis of economic policy. The review calls the book a useful addition to the library of any economist…
Norges Bank Financial Stability Report No.2, 2002
REPORT - The Central Bank of Norway, Norges Bank, published its twice yearly Financial Stability Report 2/2002 on 28 November. Central Bank Governor Svein Gjedrem, said when Norges Bank presented the report that the outlook for financial stability in…