Publications

Report

Geneva 26: The Art and Science of Patience: Relative prices and inflation

• Veronica Guerrieri
• Michala Marcussen
• Lucrezia Reichlin
• Silvana Tenreyro

Chapters

• Geneva 26: Introduction
• The evidence
• Inflation, disinflation and monetary tightening in historical perspective: The US case
• Where are we heading to? The market view

Report

Non-economic Objectives, Globalisation and Multilateral Trade Cooperation

• Bernard Hoekman
• Petros C. Mavroidis
• Douglas R. Nelson

Chapters

• National security and other non‑economic objectives
• Economic and non-economic objectives
• The increasing use of trade policy for non-economic objectives
• International disciplines on the use of trade for non-economic objectives
• National security practice in the GATT period (1948-94)
• National security in the post-1995 WTO era
• Potential WTO reforms
• Clubs
• Conclusion

Book

SVB and Beyond: The Banking Stress of 2023

• Viral Acharya
• Matthew P Richardson
• Kermit L. Schoenholtz
• Bruce Tuckman

17 Aug 2023

• European Financial Architecture
• Banking and Corporate Finance

Chapters

• Overview of Recent Banking Stress
• Underlying Macroeconomic Causes of Recent Banking Stress
• Banks, Interest Rate Risk and Systemic Risk - Theoretical and Historical Perspectives
• Silicon Valley Bank: Failures in “Detective” and “Punitive” Supervision Far Outweighed the 2019 Tailoring of Preventive Supervision
• Evaluation of the Policy Response: On the Resolution of Silicon Valley Bank, Signature Bank, and First Republic Bank
• Restoring Confidence in the Banking System with a Stagflation Stress Test
• Expanding Mark-to-Market Accounting for Banks’ Debt Investment Securities and Regulatory Capital
• Revisiting the Design of Deposit Insurance
• The FHLB Role in the SVB and Related Debacles
• Strengthening Supervisory and Resolution Frameworks
• Appendix: Liquidity Risk in Nonbank Financial Institutions and in Systemically Important Markets

Publication Series

Discussion Papers

Publication Series

Vox eBooks

Publication Series

Policy Insights

DP18505 'The New Poor Law and the health of the population of England and Wales 1834-1860'

• Green
• Geisler Mesevage
• Mooney
• Szreter

DP18504 Economic Consequences of a Regime Change: Overview

• Razin
• Sadka

DP18501 Religion and Growth

• Becker
• Rubin
• Woessmann

DP18499 Bankruptcy Exemption of Repo Markets: Too Much Now for Too Little Tomorrow?

• Acharya
• Anshuman
• Viswanathan

DP18502 European Business Cycles and Economic Growth, 1300-2000

• Broadberry
• Lennard

DP18503 Credit Supply Shocks and Firm Dynamics: Evidence from Brazil

• Bazzi
• Muendler
• de Freitas Oliveira
• Rauch

DP18500 Production Networks and Trade credit

• Giannetti

DP18496 Do Local Forecasters Have Better Information?

• Benhima
• Bolliger

DP18497 The Effects of Price Regulation on Pharmaceutical Expenditure and Availability

• Kortelainen
• Markkanen
• Toivanen
• Siilkanen

Policy insights

Policy Insight 123: Can we Have Pro-Worker AI? Choosing a path of machines in service of minds

• Daron Acemoglu
• David Autor
• Simon Johnson

Policy insights

Policy Insight 122: Monetary policy and the return of inflation: Questions, charts and tentative answers

• Ignazio Visco

25 Apr 2023

• Monetary Economics and Fluctuations

Policy insights

Policy Insight 121: The European Commission’s expenditure benchmark

• Charles Wyplosz