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

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

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

DP18501 Religion and Growth

• Becker
• Rubin
• Woessmann

DP18500 Production Networks and Trade credit

• Giannetti

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

• Acharya
• Anshuman
• Viswanathan

DP18498 Magna Carta

• Desierto
• Hall
• Koyama

DP18497 The Effects of Price Regulation on Pharmaceutical Expenditure and Availability

• Kortelainen
• Markkanen
• Toivanen
• Siilkanen

DP18496 Do Local Forecasters Have Better Information?

• Benhima
• Bolliger

DP18494 Cash Transfers and Social Preferences of Children

• Haushofer
• Larreboure
• Lowes
• Mait

DP18495 Artificial Intelligence and Jobs: Evidence from US Commuting Zones

• Bonfiglioli
• Crinò
• Gancia
• Papadakis

DP18492 The Future in Mind: Aspirations and Long-term Outcomes in Rural Ethiopia

• Bernard
• Dercon
• Orkin
• Schinaia
• Taffesse

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

Policy insights

Policy Insight 120: Electricity market design: Views from European economists

• Michele Polo
• Mar Reguant
• Karsten Neuhoff
• David Newbery
• Matti Liski
• Gerard Llobet
• Reyer Gerlagh
• Albert Banal-Estanol
• Francesco Decarolis
• Natalia Fabra
• Anna Creti
• Claude Crampes
• Estelle Cantillon
• Sebastian Schwenen
• Camille Landais
• Iivo Vehviläinen
• Stefan Ambec