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Latest posts
Last updated 40 minutes ago
Artificial intelligence and financial markets
1 day ago
Artificial intelligence is transforming financial markets by enabling investors and intermediaries to...
Monetary policy transmission by securitising banks
1 day ago
This paper studies whether securitisation affects monetary policy transmission via banks. Using...
Which countries are most vulnerable to the industrial rise of China? Mapping Europe’s uneven exposure
1 day ago
This box discusses the heterogeneous impact on EU countries of China’s rapid...
US equity market developments during the AI boom
1 day ago
This box analyses developments in US equity markets during the recent AI...
Navigating uncertainty: how the Middle East conflict is shaping expectations and coping strategies of firms
2 days ago
In the Survey on the Access to Financing of Enterprises (SAFE) for...
The impact of macroprudential policy fragmentation on corporate lending – evidence from a novel indicator
2 days ago
We construct a novel bank-level index that quantifies fragmentation in the capital...
Inflation narratives and risk premia
2 days ago
Theory suggests inflation risk premia are positive when supply shocks are expected...
The uneven journey of wholesale gas and electricity prices to consumer bills
2 days ago
The sharp rise in energy prices in the first half of 2026...
Bank competition and credit risk: the conditioning role of capital
5 days ago
This paper examines how bank capital conditions the effect of competition on...
Out with the new, in with the old? Supranational bank supervision and the composition of firm investment
5 days ago
Using exogenous variation generated by the creation of the Single Supervisory Mechanism...
The factors behind output gap revisions
7 days ago
Estimates of potential output and the output gap are widely used in...
Entropic tilting of forecasts to SPF histograms: analytics & applications
6 days ago
We develop a direct approach to incorporating survey density forecasts into model-based...