Under the direction of the Asian Consultative Council of the BIS at its February 2019 meeting, the BIS Representative Office for Asia and the Pacific set up a Working Group of regional central banks to examine their policy frameworks, focusing on capital flows, exchange rates, and the joint use...

In this paper we examine the information content of business survey information, focusing in particular on some of the characteristics of the net balance statistic. A number of Australian business surveys are appraised. Four aspects are examined: the extent to which surveys are correlated with...