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Bank of England Research @boeresearch.bsky.social · 09/07/2026

📢 #CallForPapers Bank of England conference on financing growth: Long-term capital and high-growth firms 📅 30 October 2026📍Bank of England, London 📆 Submission deadline: 22 August 2026 👉 Submit to: growthconference2026@bankofengland.co.uk 🌐 More details: www.bankofengland.co.uk/events/2026/...

bankofengland.co.uk

Call for papers – Bank of England conference on financing growth: Long-term capital and high-growth firms

Call for papers

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Bank of England Research @boeresearch.bsky.social · 24/02/2026

📢 Application deadline 3 March 2026: BoE Payments Academic Advisory Group 📢 Bringing together academics and researchers from divers disciplines to help deepen understanding of the frontier opportunities and risks shaping the future of payments. 👉 Apply here: www.bankofengland.co.uk/payment-and-...

bankofengland.co.uk

The Bank’s engagement on retail payments

Our retail payments engagement forums are vital to inform our work on a next generation payments ecosystem.

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Bank of England Research @boeresearch.bsky.social · 26/01/2026

In a recent Bank Underground post, Marco Garofalo (BoE) and Thomas Prayer (CEP/LSE) build a novel timely indicator to consistently monitor trade prices across countries.🔗https://i0.wp.com/bankunderground.co.uk/wp-content/uploads/2026/01/Money-trade-places-WordPress-910px-x-600px.png?ssl=1

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Bank of England Research @boeresearch.bsky.social · 22/01/2026

📢 #CallForPapers -- ECONDAT 2026 Spring Meeting 📢 📅 5 June 2026 📆 Submission deadline: 28 Feb 2026 👉 Submit: econdat@banque-france.fr 👥 Organizers: Banque de France, Bank of England, European Central Bank &CEBRA 🌐 More details: www.banque-france.fr/en/events/ec...

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Bank of England Research @boeresearch.bsky.social · 22/01/2026

In today’s Bank Underground post, Edward Egan (BoE) shows that new AI -- including in the UK and the US -- has had little effect on overall labour market dynamics. 🔗https://bankunderground.co.uk/2026/01/22/generative-ai-degenerative-for-jobs/

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Bank of England Research @boeresearch.bsky.social · 21/01/2026

Staff Working Paper 1167 by Mahmoud Fatouh (BoE), Benjamin Guin (BoE) & Haluk Unal (University of Maryland) examines how green attributes become pricing relevant and how such innovations propagate through the financial system. 🔗 www.bankofengland.co.uk/working-pape...

bankofengland.co.uk

Product innovation in the UK mortgage market: the case of green mortgages

Staff working papers set out research in progress by our staff, with the aim of encouraging comments and debate.

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Bank of England Research @boeresearch.bsky.social · 16/01/2026

Bank Underground: Sarah Munson (BoE) & Callum Ashworth (BoE) explore how UK-based retail participants’ presence in gilt markets is changing & what that might signal for monetary policy & financial stability. 🔗https://bankunderground.co.uk/2026/01/15/retail-investors-participation-in-the-gilt-market/

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Bank of England Research @boeresearch.bsky.social · 15/01/2026

SWP 1166 by Philip Bunn (BoE), Nicholas Bloom (Stanford), Craig Menzies (BoE), Paul Mizen (King’s College), Gregory Thwaites (U. of Nottingham) & Ivan Yotzov (BoE) analyses trends in firm price setting behaviour &how it matters for pass-through of cost shocks. www.bankofengland.co.uk/working-pape...

bankofengland.co.uk

State- and time-dependent pricing

Staff working papers set out research in progress by our staff, with the aim of encouraging comments and debate.

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Bank of England Research @boeresearch.bsky.social · 15/01/2026

Staff Working Paper 1165 by Davide Brignone (BoE) and Michele Piffer formalises the link between reduced-form VAR models and their structural counterpart to support real-time forecast analysis. www.bankofengland.co.uk/working-pape...

bankofengland.co.uk

Structural forecast analysis

Staff working papers set out research in progress by our staff, with the aim of encouraging comments and debate.

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Bank of England Research @boeresearch.bsky.social · 14/01/2026

Staff Working Paper 1164 by Reynolds (BoE), Dennis Reinhardt (BoE), Rhiannon Sowerbutts (BoE) examines how geopolitical risk affects cross-border bank lending at the firm level as well as main transmission mechanisms. www.bankofengland.co.uk/working-pape...

bankofengland.co.uk

Geopolitical risk and cross-border bank lending

Staff working papers set out research in progress by our staff, with the aim of encouraging comments and debate.

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Bank of England Research @boeresearch.bsky.social · 14/01/2026

Staff Working Paper 1163 by Maximilian Ahrens (BoE), Dragos Gorduza (University of Oxford), Michael McMahon (Maihem.ai) presents EcoFinBench a comprehensive benchmark suite for sentence classification to aid economics and finance research. www.bankofengland.co.uk/working-pape...

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Bank of England Research @boeresearch.bsky.social · 13/01/2026

📢 Interested in a research career at the BoE? Join the Bank’s Chief Economist and Head of Research on 15 Jan. 2026 (16:00–17:00 GMT) for an overview of research careers at the BoE. Event to take place under Chatham House Rules. 📅 Register by 14 Jan. at www.eventsforce.net/phdrecruitme...

eventsforce.net

Bank of England: PhD recruitment event 2026

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Bank of England Research @boeresearch.bsky.social · 08/01/2026

📣 Today we published our priority topics for 2026, setting out key areas for new research as part of our 2025-2028 Bank of England Agenda for Research (BEAR). 🔗 Read the full agenda that includes our 2026 priority topics here: www.bankofengland.co.uk/research/ban...

bankofengland.co.uk

Bank of England Agenda for Research, 2025-2028

Research is crucial to what any central bank does. It forms a critical part of the analytical apparatus that guides policymakers’ decisions. This document sets out the key new directions for research ...

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Bank of England Research @boeresearch.bsky.social · 08/01/2026

In today’s Bank Underground post, we reflect on the highlights of the blog in 2025. In case you missed any of out posts the first time round, click here to access the five most viewed posts of last year: bankunderground.co.uk/2026/01/08/o...

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Bank of England Research @boeresearch.bsky.social · 17/12/2025

Staff Working Paper 1162 by Krishan Shah (BoE), Philip Bunn (BoE) and Marko Melolinna (FCA) explores how firms adjust their required rates of return on investment–known as “hurdle rates”– when monetary policy tightens. www.bankofengland.co.uk/working-pape...

bankofengland.co.uk

Sticky hurdles: the dynamics of firm hurdle rates in a tightening cycle

Staff working papers set out research in progress by our staff, with the aim of encouraging comments and debate.

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Bank of England Research @boeresearch.bsky.social · 16/12/2025

Staff Working Paper 1161 by Matthieu Chavaz (BIS), David Elliott (BoE) and Win Monroe (Copenhagen) explores how the Funding for Lending Scheme (FLS) shaped mortgage lending in the UK. www.bankofengland.co.uk/working-pape...

bankofengland.co.uk

A public-private partnership? Central bank funding and credit supply

Staff working papers set out research in progress by our staff, with the aim of encouraging comments and debate.

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Bank of England Research @boeresearch.bsky.social · 15/12/2025

Staff Working Paper 1160 by Maximilian Huppertz (BoE) combines international trade and weather data spanning the last 190 years to examine how climate change affects global trade costs. www.bankofengland.co.uk/working-pape...

bankofengland.co.uk

Climate change increases bilateral trade costs

Staff working papers set out research in progress by our staff, with the aim of encouraging comments and debate.

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Bank of England Research @boeresearch.bsky.social · 12/12/2025

Staff Working Paper 1159 by Richard Baldwin (IMD), Rebecca Freeman (BoE) & Angelos Theodorakopoulos (Aston) develops a toolkit for analysing how global shocks affect the geographical and functional distribution of GSCs at the sub-national level. 👉 www.bankofengland.co.uk/-/media/boe/...

bankofengland.co.uk

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Bank of England Research @boeresearch.bsky.social · 12/12/2025

Staff Working Paper 1158 by A Rajan (BoE), F Rodriguez-Tous (Bayes) & M Salgado-Moreno (BoE) studies how lenders adjust the mix of mortgage products in response to changes in monetary policy. 👉 www.bankofengland.co.uk/working-pape...

bankofengland.co.uk

Monetary policy and mortgage fixation lengths

Staff working papers set out research in progress by our staff, with the aim of encouraging comments and debate.

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Bank of England Research @boeresearch.bsky.social · 11/12/2025

In today’s Bank Underground post, Katherine Blood (BoE) outlines a new measure for tracking the ownership of UK commercial real estate (CRE) by drawing on granular transaction-level and fund-level data. Read more here:🔗 bankunderground.co.uk/2025/12/11/w...

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Bank of England Research @boeresearch.bsky.social · 10/12/2025

Staff Working Paper 1157 by Eduardo Maqui (BoE), Márcia Silva-Pereira (Bank of Portugal/Nova SBE) and Nicholas Vause (BoE) explores how bond financing conditions affect economic activity in the UK. www.bankofengland.co.uk/working-pape...

bankofengland.co.uk

Bond financing conditions, economic activity and the financial accelerator

Staff working papers set out research in progress by our staff, with the aim of encouraging comments and debate.

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Bank of England Research @boeresearch.bsky.social · 10/12/2025

Staff Working Paper 1156 by Manuel Gloria (BoE) and Chiara Punzo (BoE) explore how NBFIs influence monetary policy transmission with a model of state-dependent bank capital requirements. www.bankofengland.co.uk/working-pape...

bankofengland.co.uk

Monetary policy, state-dependent bank capital requirements and the role of non-bank financial intermediaries

Staff working papers set out research in progress by our staff, with the aim of encouraging comments and debate.

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Bank of England Research @boeresearch.bsky.social · 09/12/2025

In a recent Bank Underground post, C Herler & P Schnattinger (BoE) examine the effect of inflation uncertainty on how households make financial decisions, drawing from an experiment that disentangles inflation uncertainty from inflation expectations. 🔗 bankunderground.co.uk/2025/12/04/h...

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Bank of England Research @boeresearch.bsky.social · 02/12/2025

The recent inflationary episode was shaped unexpected demand surges and supply constraints. Staff Working Paper 1155 by J Chan (BoE), S Diz (CB Paraguay) & D Kanngiesser explores the effect of these dynamics by adding realistic frictions into an NK model. 🔗 www.bankofengland.co.uk/working-pape...

bankofengland.co.uk

Sticky production and monetary policy

Staff working papers set out research in progress by our staff, with the aim of encouraging comments and debate.

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Bank of England Research @boeresearch.bsky.social · 26/11/2025

Staff Working Paper 1154 by Gerardo Ferrara (BoE) and Helene Hall (Harvard) about how dealer–client relationships in the FX derivatives market shape trading outcomes—especially under stress. 🔗 www.bankofengland.co.uk/working-pape...

bankofengland.co.uk

The value of trading relationships in FX derivatives: evidence from Credit Suisse's collapse

Staff working papers set out research in progress by our staff, with the aim of encouraging comments and debate.

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Bank of England Research @boeresearch.bsky.social · 25/11/2025

Staff Working Paper 1153 by DRodrigues (UQAM) & T Willems (BoE) outline a cost-of-carry channel of monetary policy transmission, where higher policy rates raise the opportunity cost of holding inventories, incentivizing firms to reduce stockpiles. 🔗 www.bankofengland.co.uk/working-pape...

bankofengland.co.uk

Inventories matter for the transmission of monetary policy: uncovering the cost-of-carry channel

Staff working papers set out research in progress by our staff, with the aim of encouraging comments and debate.

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Bank of England Research @boeresearch.bsky.social · 24/11/2025

Staff Working Paper 1152 by Jenny Chan (BoE), Sebastian Ellingsen (Bristol), and Helen Simpson (Bristol) provides a synthesis of recent contributions that examine trends in regional income gaps and why these persist today. 🔗 www.bankofengland.co.uk/working-pape...

bankofengland.co.uk

Spatial inequality, regional growth, and economic geography

Staff working papers set out research in progress by our staff, with the aim of encouraging comments and debate.

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Bank of England Research @boeresearch.bsky.social · 21/11/2025

In today’s Bank Underground post, Tuli Saha (BoE) and Alexandra Varadi (BoE) explore how household debt shapes the transmission of interest rates to spending and mortgage defaults. 🔗 bankunderground.co.uk/2025/11/20/t...

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Bank of England Research @boeresearch.bsky.social · 19/11/2025

📢 #CallForPapers 📢 Submissions are now welcome for the Bank of England’s 2026 BEAR #conference on “The Interconnected World” 📆 7-8 May 2026 📍 London, Bank of England 📆 Submission deadline: 15 February 2026 👉 Submit here: www.bankofengland.co.uk/events/2026/... (1/4)

bankofengland.co.uk

Call for papers - Bank of England’s 2026 BEAR conference 'The Interconnected World'

London, 7 and 8 May 2026

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Bank of England Research @boeresearch.bsky.social · 19/11/2025

🧵 How do global supply chains shape our economy? Rebecca Freeman (BoE) shared insights on this topic at the OECD event “Launch of the new vintage of OECD’s Inter‑Country Input‑Output (ICIO) tables and Trade in Value Added (TiVA) database | Measuring the Global Economy”. (1/3)

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Bank of England Research @boeresearch.bsky.social · 18/11/2025

In our latest Bank Underground post, Iulia Bucur (BoE) & Ed Hill (BoE) explore how LLMs can be applied to central bank reports—including the BoE’s Monetary Policy Reports & the BoJ’s Outlook for Economic Activity and Prices—to analyse sentiment over time.🔗 bankunderground.co.uk/2025/11/13/a...

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Bank of England Research @boeresearch.bsky.social · 14/11/2025

Staff Working Paper 1151 by J Peydro (LUISS, EIEF), F Rodriguez-Tous (Bayes), J Tripathy (BoE), & A Uluc (BoE) provides a synthesis of the evidence on the transmission of borrower-based macroprudential tools across jurisdictions. 🔗 www.bankofengland.co.uk/working-pape...

bankofengland.co.uk

Distributional consequences of borrower-based macroprudential tools

Staff working papers set out research in progress by our staff, with the aim of encouraging comments and debate.

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Bank of England Research @boeresearch.bsky.social · 14/11/2025

In our latest Bank Underground post, Arno Hantzsche (BoE) and Harriet Jeanes (BoE) outline a new model that decomposes movements in house prices across contributions from key economic drivers. Real household income key for explaining house price growth. 🔗 bankunderground.co.uk/2025/11/13/t...

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Bank of England Research @boeresearch.bsky.social · 13/11/2025

Staff Working Paper 1150 by M Buckmann, Q Anh Nguyen & E Hill (BoE) evaluate LLMs’ ability to reproduce economic and financial statistics & find that examining their internal representations is more effective than relying on their textual response. 🔗 www.bankofengland.co.uk/working-pape...

bankofengland.co.uk

Revealing economic facts: LLMs know more than they say

Staff working papers set out research in progress by our staff, with the aim of encouraging comments and debate.

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Bank of England Research @boeresearch.bsky.social · 12/11/2025

Staff Working Paper 1149 by G Covi, M Froemel, D Reinhardt & N Wegner (BoE) examines how banks respond to transition risk linked to the shift towards a low-carbon economy. Finds stricter climate policies reduce banks’ exposure to transition risk. 🔗 www.bankofengland.co.uk/working-pape...

bankofengland.co.uk

Climate policy and banks’ portfolio allocation

Staff working papers set out research in progress by our staff, with the aim of encouraging comments and debate.

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Bank of England Research @boeresearch.bsky.social · 11/11/2025

📢 Applications are open for our 12-week PhD Internship at the BoE! Are you a PhD student interested in conducting innovative, policy-relevant research & finding out what it is like to work in a policy institution? 📍 London, Leeds 📅 Deadline: 19 Jan 26 🔗 www.bankofengland.co.uk/careers/rese...

bankofengland.co.uk

Research careers

Help shape the future of the economy, financial services industry and regulation in the UK

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Bank of England Research @boeresearch.bsky.social · 10/11/2025

📣 Registrations are now open for the “Understanding Business Conditions, Expectations & Uncertainty” conference organised by Phil Bunn (BoE) & Paul Mizen (King’s) 📆 17 Nov 📍 King's Business School 🎙 Confirmed speakers include Catherine Mann (BoE) 👉 Register: www.eventbrite.co.uk/e/understand...

eventbrite.co.uk

Understanding Business Conditions, Expectations and Uncertainty

Join us for an in-person conference.

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Bank of England Research @boeresearch.bsky.social · 30/10/2025

Staff Working Paper 1148 by M Balgova (BoE), T Tekleselassie (Wellesley), L Hensel (Peking Uni) & M Witte (VU Amsterdam) study the causes and the consequences of firms omitting wage information from job adverts via a field experiment with real vacancies. 🔗 www.bankofengland.co.uk/working-pape...

bankofengland.co.uk

Wage information and applicant selection

Staff working papers set out research in progress by our staff, with the aim of encouraging comments and debate.

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Bank of England Research @boeresearch.bsky.social · 28/10/2025

Staff Working Paper 1147 by B Tracey (BoE) & N van Horen (BoE) shows FTB home purchases rose sharply after 2013 when the deposit requirement was reduced from 10% to 5% by HTB. Gains were concentrated among FTBs unlikely to have relied on family support. 🔗 www.bankofengland.co.uk/working-pape...

bankofengland.co.uk

Credit constraints and the redistribution of housing wealth

Staff working papers set out research in progress by our staff, with the aim of encouraging comments and debate.

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Bank of England Research @boeresearch.bsky.social · 24/10/2025

Staff Working Paper 1146 by Ludovica Ambrosino (LBS), Jenny Chan (BoE) & Silvana Tenreyro (LSE) examines how trade fragmentation affects inflationary pressures. Paper develops a model to capture both supply & demand-side effects of trade fragmentation. 🔗 www.bankofengland.co.uk/working-pape...

bankofengland.co.uk

Trade fragmentation, inflationary pressures and monetary policy

Staff working papers set out research in progress by our staff, with the aim of encouraging comments and debate.

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Bank of England Research @boeresearch.bsky.social · 23/10/2025

🧵 We recently published two new Macro Technical Papers (MTPs). ICYMI here are the details... (1/4)

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Bank of England Research @boeresearch.bsky.social · 21/10/2025

Staff Working Paper 1145 by C Canon Salazar (BoE), E Gerba (BoE) & J Barunik (Charlse) explore how frictions in funding market frictions shape bond prices & liquidity. Find dealer market power and interconnections distort repo pricing & market liquidity 🔗 www.bankofengland.co.uk/working-pape...

bankofengland.co.uk

Repo dealer-driven bond mispricing

Staff working papers set out research in progress by our staff, with the aim of encouraging comments and debate.

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Bank of England Research @boeresearch.bsky.social · 17/10/2025

Staff Working Paper 1144 by M Buckmann (BoE) & G Potjagailo (BoE) discusses how economic theory can be integrated into machine learning methods to address “black box” concerns and still harness their predictive power in forecasting & policy analysis. 🔗 www.bankofengland.co.uk/working-pape...

bankofengland.co.uk

Infusing economically motivated structure into machine learning methods

Staff working papers set out research in progress by our staff, with the aim of encouraging comments and debate.

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Bank of England Research @boeresearch.bsky.social · 16/10/2025

Staff Working Paper 1143 by M Buckmann (BoE), G Potjagailo (BoE) & P Schnattinger (BoE) examines the drivers of post-pandemic inflation via a structured, interpretable ML model that provides insights into the non-linear sources of inflation dynamics. 🔗 www.bankofengland.co.uk/working-pape...

bankofengland.co.uk

Blockwise Boosted Inflation: Non-linear determinants of inflation using machine learning

Staff working papers set out research in progress by our staff, with the aim of encouraging comments and debate.

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Bank of England Research @boeresearch.bsky.social · 15/10/2025

Staff Working Paper 1142 by M Chen (Warwick), R Cont (Oxford), A Joseph (BoE), M Kumhof (BoE), X Pan (Berkeley), W Xiong (Oxford) & X Zhou (RBA) illustrates how an “artificially intelligent” (AI) household can be embedded within standard macro models 🔗 www.bankofengland.co.uk/working-pape...

bankofengland.co.uk

Deep reinforcement learning in a monetary model

Staff working papers set out research in progress by our staff, with the aim of encouraging comments and debate.

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Bank of England Research @boeresearch.bsky.social · 14/10/2025

Staff Working Paper 1141 by Ambrogio Cesa-Bianchi (BoE), Andrea Ferrero (Oxford) and Shangshang Li (Liverpool) assess how US monetary policy transmit to other countries through its effect on exchange rates and capital flows…. 🔗 Read the paper here: www.bankofengland.co.uk/working-pape...

bankofengland.co.uk

Capital flows and exchange rates: A quantitative assessment of the dilemma hypothesis

Staff working papers set out research in progress by our staff, with the aim of encouraging comments and debate.

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Bank of England Research @boeresearch.bsky.social · 09/10/2025

In today’s Bank Underground post, David Rule (BoE) provides an historical account of the transition from coin to paper currency in Britian. 🔗 Read the post here: bankunderground.co.uk/2025/10/09/w...

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Bank of England Research @boeresearch.bsky.social · 25/09/2025

In today’s Bank Underground post, Peter Denton (BoE) explores how financial infrastructure could emerge as a governance tool for autonomous AI systems. 🔗 Read the post here: bankunderground.co.uk/2025/09/25/c...

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Bank of England Research @boeresearch.bsky.social · 23/09/2025

Mike Knight (BoE) updated his April Bank Underground post that motivated the need for a benchmark global carbon price to support climate risk metrics. 🔗 Read the post here: bankunderground.co.uk/2025/04/17/a...

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Bank of England Research @boeresearch.bsky.social · 19/09/2025

In today’s BU post, Utkarsh Somaiya (BoE), Caspar Siegert (BoE) & Benjamin Kingsmore (BoE) examine the effectiveness of some potential central bank tools that are frequently discussed as ways in which central banks could support a transition to net zero. 🔗 bankunderground.co.uk/2025/09/19/t...

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