Paper
A new Banco de España working paper proposes a simplified framework for evaluating conditional predictive densities.
A new European Central Bank working paper introduces a novel method for studying liquidity spirals, which pose significant risks to financial stability.
A new European Central Bank working paper introduces a novel method for studying liquidity spirals and identifying them before financial markets are disrupted.
A new Federal Reserve paper documents substantial inflation heterogeneity among U.S. households during the 2021-2022 inflation episode.
A new Bank for International Settlements (BIS) bulletin highlights the surging investment in artificial intelligence and the necessary shift from cash flow financing to debt.
A new Federal Reserve paper introduces a framework to analyze the vulnerabilities of novel money-like products such as stablecoins and tokenized money market funds.
A Federal Reserve paper examines how fluctuations in business formation and destruction affect inflation and the transmission of monetary policy, extending a New Keynesian model.
An ECB analysis highlights the persistent food inflation in 2025, driven by specific commodity prices and structural factors.
The Bank of England has published a working paper detailing how structural vector autoregressive (VAR) models can support forecast analysis.
A new Bank of England working paper presents evidence on how UK firms set prices, revealing that state-dependent pricing has become more prevalent and significantly impacts inflation dynamics.