Banks can finance EU priorities, but risk-sharing is key
The European Union faces annual investment needs of around €1.2 trillion for strategic priorities like the green transition, digitalisation, and higher defence spending.
A new Bank of England working paper introduces a flexible method to incorporate behavioral expectations into DSGE and HANK models.
A new Federal Reserve paper introduces a Transmission Growth-at-Risk (TGaR) framework, revealing how foreign financial vulnerabilities shape U.S. downside growth prospects.
A Federal Reserve paper finds that banks with higher Liquidity Coverage Ratio (LCR) buffers provided more credit to firms during the COVID-19 crisis.
A new Federal Reserve study examines how firm-level uncertainty arises over the business cycle and influences aggregate economic activity.
The European Union faces annual investment needs of around €1.2 trillion for strategic priorities like the green transition, digitalisation, and higher defence spending.
Bank of England staff estimated a term structure model to separate near-term risk premia from central expectations for Bank Rate.
Corporate portfolio growth in Russia's banking sector slowed to 0.4 percent in June, while mortgage lending significantly accelerated to 1.0 percent.
A new Federal Reserve paper documents two forms of off-balance-sheet leverage in nonfinancial corporations: operating leases (pre-2019) and intra-period borrowing.
A Banca d'Italia working paper finds that social and governance indicators enhance default risk assessment for Italian non-financial corporations.
A new Bank for International Settlements working paper documents that the traditional sovereign-bank nexus has expanded to include non-bank financial institutions.
A Philadelphia Fed working paper explores how the implementation of monetary policy can lead to unstable central bank balance sheet dynamics.