A Norges Bank Staff Memo explores the consequences of wholesale central bank digital currency (wCBDC) and tokenised bank deposits for central bank and commercial bank liquidity management.
A new ECB working paper introduces a novel methodology to analyze green supply chain decoupling, revealing substantial economic costs and increased greenhouse gas emissions.
Norges Bank staff have adapted a method to derive exchange rate probability distributions from FX option prices.
A Federal Reserve paper finds that aggregate employment growth for computer programmers has sharply decelerated since the introduction of ChatGPT in November 2022.
A Federal Reserve paper by Erik Heitfeld finds that greater uncertainty among hurricane risk models leads to higher homeowners insurance premiums in Florida.
A new Federal Reserve study develops and empirically validates a queuing model for residential mortgage supply.
A new European Central Bank working paper provides the first causal estimate of the economic impact of interlinking payment systems, finding a 4 percent increase in trade volumes for connected countries.
The Basel Committee on Banking Supervision has finalized a technical amendment to operational risk capital requirements and issued new frequently asked questions on market risk.
A Bank of England Staff Discussion Paper highlights the re-emergence of large and persistent global imbalances, primarily driven by macroeconomic factors and increasingly by industrial policy.
A new OECD working paper estimates long-term elasticities of housing supply to prices in OECD countries.
The European Central Bank has published an Occasional Paper compiling abstracts from the 2025 Crypto-Asset Monitoring Expert Group (CAMEG) conference.