Report Climate and environmental risks – guide for supervisors – Executive Summary Bank of International Settlements May 27, 2021
report December 1, 2021 Credit constrained firms and government subsidies: evidence from a European Union program by Eszter Balogh, Adám Banai, Tirupam Goel, Péter Lang, Martin Stancsics, Előd Takáts and Álmos TelegdyUsing rejected subsidy applicants as control group and bank queries to the credit-registry to identify firms that applied for but did not receive a... Bank of International Settlements
report November 30, 2021 Stress testing – Executive Summary Stress tests are forward-looking exercises that aim to evaluate the impact of severe but plausible adverse scenarios on the resilience of financial firms.... Bank of International Settlements
report November 30, 2021 Insurance Core Principles – Executive Summary The Insurance Core Principles (ICPs) provide a globally accepted framework of principles, standards and guidance for the regulation and supervision of the insurance sector.... Bank of International Settlements
report November 25, 2021 Losing traction? The real effects of monetary policy when interest rates are low by Rashad Ahmed, Claudio Borio, Piti Disyatat and Boris HofmannAre there limits to how far reductions in interest rates can boost aggregate demand? In particular, as interest rates fall to very low levels, does the effectiveness of monetary policy... Bank of International Settlements
report November 25, 2021 Navigating by r*: safe or hazardous? by Claudio BorioThe concept of the natural rate of interest, or r-star (r*), has risen to prominence in monetary policy following the Great Financial Crisis. No doubt a key reason for the concept's newfound prominence has been the further... Bank of International Settlements