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Monetary Policy

The Bernanke Review

On April 12 the Bank of England’s Independent Evaluation Office released ‘Forecasting for monetary policy making and communication at the Bank of England: A review’, which had been led by former Federal Reserve Chairman, Ben Bernanke. A list of the main recommendations and reactions from prominent UK macroeconomists.


AI adoption trends

Recent data reveals surprising insights into the global landscape of AI adoption, highlighting the leading countries, the distinctive characteristics of firms that use AI, and other notable trends.


New and noteworthy books in economics (April)

For this month, we have selected four thought-provoking books that delve into the intricate realms of economic theory, the interplay of money and politics, the evolving landscape of digital capitalism, and a contemplative exploration of economics within the framework of a just and equitable society.

Monetary Policy

Assessing the recent quantitative tightening

A new research paper analyzes the experience  of quantitative tightening in seven advanced economies.


The politicization of climate change

Do natural disasters lead to a convergence in climate change beliefs and an increase in green investments? Is the aftermath of a natural disaster the right time to build consensus on climate action?

Financial Markets

The role of corporate debt in financial crises

Brand new study reveals that, contrary to previous understanding, the dynamics of corporate debt play a crucial role in driving the boom-bust growth cycles traditionally attributed to household debt. Plus updated information on the 2024 global credit outlook.


The political economy of inflation

A new perspective on how exogenous economic and political economy factors could generate central bank pressures that can impact long-run inflation, and a new survey on the social cost of inflation.

Economic Growth

Recent productivity trends

An analysis of global productivity trends since the onset of the COVID-19 pandemic in 2020 and the role of creativity in productivity growth.


Corporate profits, income distribution, and inflation

Two new research papers on the cyclicality of markups, inflation and its implications for monetary policy.


The latest information on CBDCs

A literature review that highlights the most recent findings on the impact of CBDCs on traditional banking in terms of payments, lending, and liquidity and maturity transformation. A 2024 tracker of CBDC projects around the world.

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