ECB
Paper
Margins as early warning for CCPs to prevent contagion
A new ECB working paper explores how central clearing counterparties (CCPs) use margins as early warning devices to manage counterparty risk.
AI Paper Curation
BDF
Paper
Market rates enhance accuracy of bank lending rate forecasts
A Banque de France study presents an effective method for forecasting new lending rates for households and businesses in France and the euro area.
FED
Paper
FEDS paper proposes distinct crypto risk class for uncleared markets
A Federal Reserve Finance and Economics Discussion Series (FEDS) paper proposes classifying cryptocurrencies into a distinct risk class within the ISDA Standardized Initial Margin Model (SIMM) framework.
BIS
Paper
Vulnerable household lending slows consumption in Korea
A new Bank for International Settlements (BIS) working paper finds that lending to vulnerable households significantly dampens consumption growth in Korea.
ECB
Paper
Bank-NBFI linkages create financial stability risks for euro area
A joint report by the European Central Bank and the ESRB identifies significant financial stability risks stemming from interconnections between banks and non-bank financial intermediation (NBFI) entities in the euro area.
ECB
Paper
ECB
Paper
New VAR model improves real-time fiscal monitoring for Italy
A new ECB working paper introduces a Bayesian Mixed-Frequency VAR model for real-time fiscal monitoring, nowcasting Italy's government deficit-to-GDP ratio.
BDF
Paper
ESRB navigates new financial stability challenges after 15 years
The European Systemic Risk Board (ESRB) marks its fifteenth anniversary, reflecting on its mission to prevent and mitigate systemic risk across the European financial system.
BOJ
Paper
Female labor participation reshapes consumer demand dynamics in Japan
A new Bank of Japan working paper estimates demand function parameters for Japanese consumer products over three decades using granular point-of-sale data.
BDF
Paper
Novel data reveals education's impact on household investment risk and returns
A new Banque de France working paper introduces a novel dataset combining security holdings and household finance data.
BIS
Paper
Insurance supervisors face resource crunch in evolving market
A new BIS paper highlights that insurance supervisors globally face increasing challenges in securing adequate human, financial, and technological resources.
BDF
Paper
Carry trades exposed to significant exchange rate volatility
A Banque de France analysis highlights how currency carry trades, while seeking to profit from interest rate differentials, are heavily exposed to exchange rate volatility.