There is a momentous debate on the role played by financial technology (fintech) innovation in the fragility of the banking sector. Considering the importance of financial solidness, contradictory theoretical predictions and empirical evidence, the in-depth re-investigation of this relation is...

In recent years, an idea has spread throughout the world that economies are poised on the cusp of a major technological revolution, unlike anything in the past, that will lead to unprecedented job destruction, high rates of unemployment and massive increases in inequality. This chapter examines...

Information and communication technologies (ICTs) are central to the growth of modern digital-based economies. But the provision and use of ICTs requires workers and consumers who are skilled in Science, Technology, Engineering and Mathematics (STEM) - and these educational fields are often...

This Occasional Paper reviews how climate change and policies to address it may affect the macro economy in ways that are relevant for central banks’ monetary policy assessment of the inflation outlook. To this end, the paper focuses on the potential channels through which climate change and...