ECBPaper
Short video boosts digital euro adoption by 12 percentage points
A European Central Bank study reveals that watching a short explanatory video increases consumer willingness to adopt a digital euro by 12 percentage points.
AI Paper Curation
BISPaper
Low term premia push bank maturity gap to 5.7 years
A San Francisco Fed working paper shows U.S. bank maturity mismatch more than tripled since the mid-1980s to 5.7 years in 2022.
BISPaper
Portugal public capital loss creates 1.4 percent GDP growth drag
A St. Louis Fed study shows Portugal's public capital stock fell 13.3 percent between 2013 and 2024, shrinking the capital-to-GDP ratio from 77.2 to 53.8 percent.
BISPaper
321 bottleneck products threaten Japanese manufacturing output
A Bank of Japan study analyzing 105,481 transaction relationships across 15,022 firms reveals that 321 bottleneck products pose severe macroeconomic risks.
BISPaper
Downstream investment and focal firm pay drive supply chain spending
A Bank of Japan working paper finds that firm spending behavior in Japanese manufacturing is tightly linked along supply chains.
ECBPaper
BISPaper
Only eight of 43 supervisors operate fully integrated IT platforms
A Bank for International Settlements survey of 43 financial authorities reveals that only eight have fully integrated their supervisory information systems.
FEDPaper
Global repo volume reaches 16 trillion dollars as fragility grows
A Federal Reserve study reveals that the 16 trillion dollar global government bond repo market faces structural vulnerabilities.
ECBPaper
Eurosystem excess liquidity drops to 2.5 trillion euros
An ECB report shows excess liquidity declined from 3.4 trillion to 2.5 trillion euros over 2024 and 2025 as key rates fell by 200 basis points.
BOJPaper
Long-term bond yields reach 2.4 percent as balance sheet shrinks
The Bank of Japan raised its policy interest rate to 0.75 percent and reduced monthly bond purchases during fiscal 2025.
BOJPaper
Inventory buffers shield Japanese manufacturing
A Bank of Japan study reveals that corporate inventory buffers protect manufacturing output against bottleneck supply disruptions for up to four months.
BOJPaper
Downstream investment and lead firms shape supplier wages and capital
A Bank of Japan study reveals that Japanese manufacturing firms adjust capital investment and regular wages based on downstream customer activity and lead firms within supply chains, while temporary foreign demand shocks induce synchronized bonus payouts across production networks.