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Increasing global capital flows are principally beneficial for the improved international allocation of capital, credit and risks, but this process is not without risks for global financial stability. Expanded global monitoring of international capital flows should deepen our knowledge of the...
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To gauge the breadth of current inflation and prospects for inflation returning to target, we consider disaggregated measures of CPI infl ation to evaluate trends and then consider diff erent scenarios for the realisation for wages and prices.
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Digitisation processes have – often through disruptive innovations – injected additional competition in many markets … valuable and (allegedly) also so powerful that competition authorities, legal scholars, economists and others social scientists … power in digital markets. A number of competition authority inquiries and reports and Government commissioned policy studies …
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This paper examines the real return that households in large euro area countries achieved with their financial portfolios since the onset of the euro. A newly compiled dataset shows that, contrary to widespread belief, overall real returns did not decline in the low interest environment. Indeed...
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