Uncertain Kingdom: nowcasting GDP and its revisions
Bank of England
Nikoleti Anesti discusses a new econometric framework to nowcast macroeconomic data subject to revisions, and uses it to predict UK […]
Economics
Lending relationships and the collateral channel
Bank of England
Corporate investment is known to respond strongly to cyclical swings in firms’ collateral values. This collateral channel is a key […]
Banks are not intermediaries of loanable funds
Bank of England
In the intermediation of loanable funds model of banking, banks accept deposits of pre-existing real resources from savers and then […]
Let’s talk about the weather: the impact of climate change on central banks
Bank of England
Misa Tanaka examines the channels via which climate change and policies to mitigate it could affect a central bank’s ability to […]
A tiger by the tail: estimating the UK mortgage market vulnerabilities from loan-level data
Bank of England
Following the global financial crisis, macroprudential regulators in a number of countries took actions to mitigate risks arising from stressed mortgage […]
On Power and inequality in the global political economy
Kings College London
Inequality in all its forms is the defining global problem and increasingly the defining political problem of our age. Nicola […]
The Bank of England: 1950s to 1979
Cass Business School
Forrest Capie discusses the history of the Bank of England from the 1950s to the end of the 1970s. This period […]
Central Bank Independence: Can it Survive a Crisis?
Cass Business School
Central bank independence has for many years appeared to be a successful way of ensuring low inflation. But that independence […]
Advances in Macroeconomics and monetary economics
Loughborough University
Paul Turner is Professor of Applied Economics at Loughborough University. Here he discusses a brief introduction and where future research […]
Teaching the Multiplier: the Value of a Quantitative Approach
Loughborough University
Paul Turner discusses software based on estimated parameters for the UK economy. The program allows students to both simulate the […]
