Most Recent Banking News

What can 40 years of data on vacancy advertising costs tell us about labour market equilibrium? – Bank Underground

What can 40 years of data on vacancy advertising costs tell us about labour market equilibrium? – Bank Underground

Michal Stelmach, James Kensett and Philip Schnattinger Economists frequently use the vacancies to unemployment (V/U) ratio to measure labour market...

  • 118
Welcome to Union Bank’s North Conway Branch!

Welcome to Union Bank’s North Conway Branch!

Meet our North Conway team, a group of local experts dedicated to understanding the banking needs of the Greater Mount...

  • 3787
what’s the strategy when everyone wants to be the top dog? – Bank Underground

what’s the strategy when everyone wants to be the top dog? – Bank Underground

Carlos Cañón Salazar, John Thanassoulis and Misa Tanaka Several global financial centres, including London, Hong Kong and Singapore, are overseen...

  • 111
What has macropru ever done for you? Macropru announcements can lead to a substantial reduction in systemic risk – Bank Underground

What has macropru ever done for you? Macropru announcements can lead to a substantial reduction in systemic risk – Bank Underground

Kristina Bluwstein and Alba Patozi Measuring financial stability is very difficult. Measuring the effectiveness of policies affecting financial stability even...

  • 32
estimating the macroeconomic effects of credit supply shocks – Bank Underground

estimating the macroeconomic effects of credit supply shocks – Bank Underground

Sam Christie and Aniruddha Rajan Sudden contractions in credit supply can trigger and amplify recessions – a reality made painfully...

  • 37
Why do government bond yields drift when news is on its way? – Bank Underground

Why do government bond yields drift when news is on its way? – Bank Underground

Danny Walker, Dong Lou and Semih Üslü Government bond yields tend to drift higher in the days before monetary policy...

  • 62
Fossicking in the dark or twenty-twenty foresight? – Bank Underground

Fossicking in the dark or twenty-twenty foresight? – Bank Underground

Rishi Khiroya and Lydia Henning If you asked people what skill they would most love to have, you might receive...

  • 113
Central banks, big and small – Bank Underground

Central banks, big and small – Bank Underground

Benjamin Kingsmore Central banks do a lot of things: they implement monetary policy, regulate financial institutions, manage payment systems and...

  • 76
a historical and legal account – Bank Underground

a historical and legal account – Bank Underground

Michael Salib and Mesha Ghazaleh The Bank’s monetary policy objectives are some of the most significant objectives bestowed by Parliament...

  • 82
the effects of monetary policy – Bank Underground

the effects of monetary policy – Bank Underground

Natalie Burr In economic theory, expectations of future inflation are an important determinant of inflation, making them a key variable...

  • 34