A South African Reserve Bank working paper by Chloë Allison and Theuns de Wet examines how inflation targeting influences the inflation risk premium embedded in the country's nominal government bond yields.
A new working paper introduces a framework for performing Bayesian inference using quantum computation.
Public investment has declined in several European countries since the crisis, despite calls for stimulus in a low interest rate environment.
A new European Central Bank working paper finds that non-targeted countries initially benefit from trade diversion in bilateral trade wars.
A Riksbank Economic Commentary reveals that major Swedish banks form a concentrated, interconnected network, acting as critical intermediaries.
A new Banque de France working paper documents that the monthly frequency of consumer price changes in the euro area rose to 12 percent in 2022 during the 2021-2024 inflation cycle.
New survey data reveals that 38 percent of euro area firms are at an advanced stage of AI adoption, with significant investment plans extending to 2026.
An ECB working paper finds that the EU's Recovery and Resilience Facility (RRF) has led to robust improvements in institutional quality in Italy.
An ECB Occasional Paper assesses the global macroeconomic consequences of rare earth supply disruptions.
A new study estimates that population aging will significantly challenge Colombia's fiscal sustainability and economic growth.
An ECB working paper quantifies the effect of severe weather shocks on the US economy, finding impacts are sizable only in periods of financial instability.