In this paper, annual indices of labor input adjusted for the education, age and gender distributions of the UK workforce are presented for the period 1975-2002. These measures show that improvement in labor quality, as proxied by education, age and gender, has added on average 0.67 percentage...

This paper contains the first detailed empirical examination of the information content of the Bank of England Credit Conditions Survey (CCS). The CCS asks a wide selection of questions of UK lenders relating to all aspects of bank credit provision. We examine the association between the survey...

According to the Bank/GfK NOP survey, near-term inflation expectations have fallen markedly over the past year from elevated levels. In part, that may have reflected a reduction in households' perceptions of current inflation. But it is also likely to have reflected weaker demand prospects....

In its report on the 2012 Budget, the Treasury Committee highlighted the redistributive impact of monetary policy, and asked the Bank, and MPC members in particular, to improve their efforts to explain the costs and benefits of their policy actions to groups that are perceived to have been...

In order to improve understanding of the role of bank liabilities in driving credit and monetary conditions, the Bank of England began conducting a formal Bank Liabilities Survey last year. This survey is intended to supplement the data collected on the asset side of bank balance sheets by the...