FED
Paper
A Federal Reserve study by Robert Minton and Hugo Monnery reveals that US firms form cost forecasts by overreacting to past unit costs while underreacting to aggregate signals.
FED
Paper
Federal Reserve researchers John Geanakoplos and David Rappoport show that uncertainty shocks steepen corporate credit surfaces, raising borrowing costs for leveraged firms.
BDE
Paper
A 10 percent increase in nitrogen dioxide pollution reduces Madrid housing prices by 0.65 percent, or about 1,327 euros for the average home, according to a Banco de España working paper.
SSM
Paper
The ECB Banking Supervision's 2026 thematic stress test of 110 euro area banks revealed inconsistencies in how institutions model geopolitical risks.
CBR
Paper
The Central Bank of Russia has unveiled a major regulatory review outlining plans to triple minimum capital requirements for banks to 3 billion rubles and enforce strict 100 percent risk weights on large corporate loan concentration starting in 2028.
BOJ
Paper
The Bank of Japan projects core consumer price inflation at 2.5 percent for fiscal 2026, driven by higher energy costs, yen weakness, and AI demand.
BDI
Paper
A Bank of Italy study by Fabrizio Leone finds that foreign multinational acquisitions of Spanish manufacturing firms reduce their labor share by 6.5 percentage points.
BDI
Paper
A Bank of Italy research paper by Filippo Natoli reveals that unexpected cold shocks reduce US industrial production, lower consumer prices, and prompt monetary policy easing.
BDI
Paper
A Bank of Italy working paper shows that green transition forward guidance cuts EU inflation and output, whereas current stance tightening raises prices.
BDI
Paper
A Bank of Italy working paper finds that Donald Trump's 2024 re-election triggered a severe demand shock in the US green bond market.
BDI
Paper
A Bank of Italy study finds that artificial intelligence technology shocks act as positive supply shocks, boosting total factor productivity and employment while reducing consumer prices.