A new ECB working paper finds that temporary migration significantly alters macroeconomic fluctuations and the effectiveness of stabilization policies in integrated economies like the European Union.
The Bank for International Settlements (BIS) has launched 'Project Insight,' a proof-of-concept dashboard to enhance the monitoring of global value chains (GVCs).
A Banco de España working paper finds that heterogeneity in banks' interest-rate risk exposure significantly shapes monetary policy transmission.
A Banca d'Italia study finds that private equity investments boost innovation in euro area firms, particularly through venture capital.
The Bank of England has published its policy statement confirming fee rates for financial market infrastructure supervision in 2026/27. The statement provides feedback to responses received during the consultation period and details the updated fee structure.
The Hong Kong Monetary Authority (HKMA) published a study confirming that its Fast Interface for New Issuance (FINI) platform has significantly reduced Hong Kong Interbank Offered Rate (HIBOR) fluctuations during initial public offerings (IPOs).
A new SNB working paper by Diego M. Hager and Samuel Reynard presents a microfounded information mechanism.
A new Bank for International Settlements (BIS) study documents the varied components of global systemically important banks' (G-SIBs) capital requirement stacks.
A new working paper documents that economic contractions causally worsen health among working-age adults, creating a two-way feedback loop that amplifies business cycles.
A new working paper from the Federal Reserve Bank of St. Louis explores the historical roots of central bank independence.
A Federal Reserve working paper introduces a machine-learning framework to forecast implied volatility by partitioning the option surface.