EU regions exhibit substantial heterogeneity in income smoothing capacity
A Banque de France working paper finds that EU households smooth approximately 30 percent of wage shocks, with significant regional variations.
A new Danmarks Nationalbank working paper argues that industry-level measures overestimate productivity misallocation by 27 to 36 percentage points.
A Bank of Canada staff working paper finds that survey fatigue significantly reduces financial literacy scores.
A Bank of Canada staff working paper finds that monetary policy shocks significantly affect the neutral rate of interest and trend GDP growth.
The Bank of Canada has released MSTest, an R-package designed for hypothesis testing procedures in Markov switching models.
A Banque de France working paper finds that EU households smooth approximately 30 percent of wage shocks, with significant regional variations.
Researchers at the Banco de España have developed Retrieval-Augmented Uncertainty Indicators (RAUI), a new methodology using AI and newspaper data to generate topic-specific economic uncertainty measures.
A new Federal Reserve paper explores the historical practice of U.S. monetary policy independence from 1951 to 2006.
A new 70-year dataset reveals that global economic synchronisation primarily affects asset prices, while real economy variables like GDP and credit remain largely decoupled.
Inflation expectations predominantly declined in February 2026, according to the Central Bank of Russia's latest commentary.
A Federal Reserve study found that firms exposed to the Russia-Ukraine war experienced sizable and persistent declines in corporate investment.
An ECB working paper finds that stablecoin adoption alters bank funding structures and weakens monetary policy transmission.