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РАБОЧИЕ БУМАГИ 🗝
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📎 Холодный расчет - @c0ldness
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Liquidity support and distress resilience in bank-affiliated mutual funds
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Vanuatu: 2023 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Vanuatu
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Улучшает ли учет компонентов ИПЦ качество прогнозов инфляции?

Банк России

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Does CPI disaggregation improve inflation forecast accuracy?

Банк России

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Georgia: Technical Assistance Report-Operationalizing the New Bank Recovery and Resolution Framework
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Staff Guidance Note on The Implementation of The Imf Strategy for Fragile and Conflict-Affected States (FCS)
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Derivative margin calls: a new driver of MMF flows
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Colombia: 2023 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Colombia
https://ift.tt/Az7E6Tr
Corporate Pension Funds' Investment Strategies and Financial Stability: Lessons from the Turmoil in the UK Gilt Market

By ITO Yuichiro, KASAI Yoshiyasu, TODOROKI Ryotaro, TOYODA Akitoshi, HORIE Rikako

Bank of Japan

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Panama: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Panama
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Fragmentation in Global Trade: Accounting for Commodities
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Policy Responses to High Energy and Food Prices
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Calibrating Macroprudential Policies in Europe Amid Rising Housing Market Vulnerability
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European Housing Markets at a Turning Point – Risks, Household and Bank Vulnerabilities, and Policy Options
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Currency Usage for Cross Border Payments
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FEDS Note: From-Whom-to-Whom Relationships in the Financial Accounts of the United States: A New Methodology and Some Early Results

Michael Batty, Elizabeth Holmquist, Robert KurtzmanThe Financial Accounts of the United States (the Accounts or FAUS) provide data on the financial assets and liabilities of major sectors of the United States economy, disaggregated by financial instrument. The Accounts can thus serve many purposes, such as sizing sectors and instruments, analyzing changes in credit flows, and assessing the net worth of households.

US Fed

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FEDS Note: Gender Gaps in the Labor Market Widen Every Summer

Brendan M. Price and Melanie WassermanGender gaps in labor market activity are pervasive, longstanding, and a regular subject of policy debates. Relative to men, women tend to work fewer hours per week, more conventional hours, and fewer years over the course of their lives.

US Fed

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FEDS Note: Nonresidential construction spending is likely not as weak as it seems

Eirik Brandsaas, Daniel Garcia, Joseph Nichols, and Kyra SadoviUnlike any other major component of GDP, private investment in nonresidential structures excluding drilling and mining (henceforth "NRS") has steadily declined since the start of 2020. Figure 1 shows the evolution of GDP as well as the main components of private domestic final demand since 2019.

US Fed

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Is South Africa falling into a fiscal-dominant regime

The sustainability of fiscal policy has been at the forefront of policy analysis since the global financial crisis and subsequent debt crises. With the elevated government debt levels observed globally, the emergence of fiscal dominance has caused some concern. In this paper we assess whether there was or is evidence of fiscal dominance in South Africa by determining periods in which fiscal and monetary policy was passive or active. By estimating a Markov switching model on the reaction functions of a fiscal and monetary policy rule, we find that there has been some evidence of fiscal dominance in South Africa since 2016.

🇿🇦 South African Reserve Bank

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Non-Tax Incentives and Agricultural Output in Nigeria

This study investigates the impact of non-tax incentives on agricultural sector output in Nigeria from 1981 to 2019, using Autoregressive Distributed Lag (ARDL) Model/Bounds test technique. The findings of this study show that non-tax incentives have a significant positive impact on agricultural sector output growth in the long-run; however, the effect was negative and statistically insignificant in the short run. On the other hand, government expenditure on agriculture was negative and significant on agricultural sector output growth in the short-run, while its long-run impact was also negative but not significant. Therefore, the study recommends targeted expansion of non-tax incentives to the entire agricultural value chain with appropriate monitoring and evaluation to boost output in the sector.

Elias A. Udeaja et al.

🇳🇬 Bank of Nigeria

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