Central banks and reputation risk
As central banks accumulate ever more job functions, their reputation risk increases. This column offers a cautionary tale from Iceland where, after...
As central banks accumulate ever more job functions, their reputation risk increases. This column offers a cautionary tale from Iceland where, after...
Financial crises play a key role in changing existing policies concerning financial markets and institutions. This column provides new evidence for...
The accumulation of mass financialised wealth has transformed the politics of banking crises. This column shows that the rising wealth of the middle...
Government ownership of banks can help solve credit market failures and stabilise the supply of credit over the business cycle. However, it can also...
Cryptocurrencies are primarily held today for speculative reasons and see little economic use outside of that. This column argues that if private...
Financial policy is determined in multiple domains by separate government authorities. This column explores the hierarchical ranking of these domains...
Julia, MATLAB, Python and R are among the most commonly used numerical programming languages by economic researchers. In this post, Jon Danielsson and...
Are cryptocurrencies the future of money, Ponzi schemes, speculators’ dreams, or just a prosperity gospel? While there is money to be made in the...
Are cryptocurrencies the future of money, Ponzi schemes, speculators dream, freedom or just a cult?
Reliable indicators of future financial crises are important for policymakers and practitioners. While most indicators consider an observation of high...
Current stress testing of banks is focused on the resiliency of individual banks to exogenous shocks. This column describes how the next generation of...
Cryptocurrencies are supposedly a new and superior form of money and investments – the way of the future. The author of this column, however, does not...
Exploitative momentum investing would shrivel in the absence of benchmarkers.
Artificial intelligence is increasingly used to tackle all sorts of problems facing people and societies. This column considers the potential benefits...
Brexit is likely to cause considerable disruption for financial markets. Some worry that it may also increase systemic risk. This column revisits the...
Discretionary macroprudential policies aim to be countercyclical by adjusting risk-taking across the financial cycle. This column argues that the...