Messages
11/17/2023
2 : 55
[New post] Profits in a time of inflation: what do company accounts say in the UK and euro area?
BankUnderground posted: " Gabija Zemaityte and Danny Walker Inflation has been high in many countries since 2021. Some have said that companies have increased their profits over that period: so-
11/8/2023
9 : 4
[New post] Beyond emissions: the interplay of macroprudential regulation and climate policy
BankUnderground posted: " Francesca Diluiso, Barbara Annicchiarico and Marco Carli While climate change is often seen as a long-term concern, climate mitigation policies can have different short-
10/19/2023
8 : 4
[New post] The granular origins of exchange-rate fluctuations
BankUnderground posted: " Simon Lloyd, Daniel Ostry and Balduin Bippus How much capital flows move exchange rates is a central question in international macroeconomics. A major challenge to
10/4/2023
8 : 4
[New post] Unifying monetary and macroprudential policy
BankUnderground posted: " Julia Giese, Michael McLeay, David Aikman and Sujit Kapadia Central banks have been using a range of monetary policy and macroprudential tools to maintain monetary and
9/27/2023
8 : 4
[New post] Can data science capture key insights in news articles?
BankUnderground posted: " Itua Etiobhio, Riyad Khan and Steve Blaxland The volume of information available to supervisors from public sources has grown enormously over the past few years,
9/22/2023
8 : 4
[New post] Has the import price shock been worse in the UK or euro area?
BankUnderground posted: " Josh Martin and Julian Reynolds How much have higher import prices increased consumer prices in the UK and euro area? This post explores this question using a framework
9/17/2023
14 : 14
[New post] The transmission of macroprudential policy in the tails
BankUnderground posted: " Álvaro Fernández-Gallardo, Simon Lloyd and Ed Manuel Since the 2007–09 Global Financial Crisis, central banks have developed a range of macroprudential policies ('
9/17/2023
13 : 15
[New post] Central clearing and the functioning of government bond markets
BankUnderground posted: " Yuliya Baranova, Eleanor Holbrook, David MacDonald, William Rawstorne, Nicholas Vause and Georgia Waddington The functioning of major government bond and related repo
9/7/2023
8 : 4
[New post] Profit margins and firm price growth: evidence from the Decision Maker Panel
BankUnderground posted: " Ivan Yotzov, Philip Bunn, Nicholas Bloom, Paul Mizen and Gregory Thwaites Inflation in 2023 remains elevated across many advanced economies. Existing studies have
9/6/2023
8 : 4
[New post] Decoding the market for inflation risk
BankUnderground posted: " Saleem Bahaj, Robert Czech, Sitong Ding and Ricardo Reis Few topics captivate our attention like the enigma of inflation. Understanding where the market thinks inflation
8/31/2023
8 : 4
[New post] Leveraged and inverse ETFs – the exotic side of exchange-traded funds
BankUnderground posted: " Julian Oakland Exchange-traded funds (ETFs) are supposed to be simple and straightforward, and for the most part they are, but one group punches well above its weight
8/29/2023
13 : 14
[New post] Profits in a time of inflation: some insights from recent and past energy shocks in the UK
BankUnderground posted: " Sophie Piton and Ivan Yotzov How have profits behaved in this context of sustained level of inflation? In part, the answer depends on how 'profits' are defined.
8/24/2023
8 : 4
[New post] How do firms pass energy and food costs through the supply chain
BankUnderground posted: " Hela Mrabet and Jack Page The rise in commodity prices after Russia's invasion of Ukraine had a direct and noticeable impact on consumers' bills for energy and
8/23/2023
8 : 4
[New post] Shining light on ‘shadow credit’ – what is Buy-Now-Pay-Later and who uses it?
BankUnderground posted: " Gerry Gunner and James Waddell Buy-Now-Pay-Later (BNPL) is a relatively new form of consumer credit that you might have noticed as a payment option when shopping online
8/17/2023
8 : 4
[New post] Forecasting near-term trends in the labour market
BankUnderground posted: " Harvey Daniell and Andre Moreira The latest developments in the labour market are often central to monetary policy decisions. We outline a framework for mapping labour
8/16/2023
8 : 4
[New post] A quick dive into SME finance
BankUnderground posted: " Kim Nyamushonongora and Oscar Spencer 99.9% of UK businesses are small and medium-sized enterprises (SMEs), employing 61% of the UK population. Yet, we know so much more
8/14/2023
11 : 54
[New post] Fuelling the tail: inflation- and GDP-at-Risk with oil-supply shocks
BankUnderground posted: " Marco Garofalo, Simon Lloyd and Edward Manuel The economic consequences of the Russia-Ukraine war have brought the importance of sharp changes in commodity prices, such
8/8/2023
8 : 4
[New post] Risk perceptions and economic activity in the United Kingdom
BankUnderground posted: " Nicholas Vause and Carolin Pflueger Recently, Pflueger, Siriwardane and Sunderam (2020) proposed a new measure of investor risk perceptions based on the cross-section of
7/27/2023
8 : 4
[New post] Convertible or not: making sense of stresses in AT1 bonds market
BankUnderground posted: " Mahmoud Fatouh and Ioana Neamțu Similar to the Deutsche Bank's episode in 2016 and the Covid stress in 2020, AT1 spreads over subordinated debt rose rapidly and
7/25/2023
8 : 4
[New post] Bomadland: How the Bank of Mum and Dad helps kids buy homes
BankUnderground posted: " May Rostom On average, parental contributions help children buy homes four years earlier than those without them. Out of every 100 new homeowners below the age of 30, 16