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Citizens’ advice: lessons from the public

Kel Nwanuforo, Andrew Mills and Sharon Raj The Citizens’ Panels (now the Citizens’ Forum) is a Bank of England discussion forum to engage with the UK public on important topics such as the labour and...

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More than words: Bank of England publications and market prices

Timothy Munday How easy is it to understand this sentence you are currently reading? How easy it is to understand this sentence that has dependency arcs that are longer that make it more difficult to...

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Uncertainty in financial crisis prediction: a Bayesian approach

Jack Page Systemic financial crises occur infrequently, giving relatively few crisis observations to feed into the models that try to warn when a crisis is on the horizon. So how certain are these...

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What did we learn from working from home during Covid?

Lena Anayi, John Lewis and Misa Tanaka Since the onset of Covid-19, firms and workers have adopted and adapted to new working arrangements, which involved some workers primarily or exclusively working...

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Booming entrepreneurship during the Covid-19 pandemic

Saleem Bahaj, Sophie Piton and Anthony Savagar Recessions typically discourage entrepreneurs from starting new businesses. During the Great Recession, a ‘generation’ of start-ups went missing which...

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Flash loans, flash attacks, and the future of DeFi

Aidan Saggers, Lukas Alemu and Irina Mnohoghitnei Decentralised Finance (DeFi) may seem a tempting option for those seeking financial gain, autonomy, and self-governance… But how safe is a world in...

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Dissecting UK service inflation via a neural network Phillips curve

Marcus Buckmann, Galina Potjagailo and Philip Schnattinger Understanding the origins of currently high inflation is a challenge, since the effects from a range of large shocks are layered on top of...

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Unknown measures: assessing uncertainty around UK inflation using a new...

Nikoleta Anesti, Marco Garofalo, Simon Lloyd, Edward Manuel and Julian Reynolds Understanding and quantifying risks to the economic outlook is essential for effective monetary policymaking. In this...

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Fuelling the tail: inflation- and GDP-at-Risk with oil-supply shocks

Marco Garofalo, Simon Lloyd and Edward Manuel The economic consequences of the Russia-Ukraine war have brought the importance of sharp changes in commodity prices, such as oil, to centre stage. While...

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The transmission of macroprudential policy in the tails

Álvaro Fernández-Gallardo, Simon Lloyd and Ed Manuel Since the 2007–09 Global Financial Crisis, central banks have developed a range of macroprudential policies (‘macropru’) to address fault lines in...

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