Key Developments & Chart of the week
US PMI strengthens, China’s slows. Inflation steady in US, up in EU. Two more EM countries tighten. Macro-series-World-View-Risks-Limited-version-September-2021 … Become a member to read the rest of this article Username or E-mail Password Remember Me Forgot Password
INDONESIA: Widodo wins parliamentary approval for tax changes
Parliament’s Commission XI on Finance this week approved substantial changes to the country’s tax laws, with formal passage of the Bill on Harmonizing Tax Regulations expected next week. The most important part of the legislation in the near term is the VAT increase, as it improv… Become a member to read the rest of […]
CHINA: Power shortages reflect price controls, “campaign-style” climate efforts
The combination of surging coal prices and inflexible, government-controlled electricity prices has imposed financial losses on coal-fired power plants, prompting them to cut production. Political pressure on provincial governments to meet ambitious targets on cutting carb… Become a member to read the rest of this article
INDIA: Foreign e-retailing companies face legal pushback
Charges that Amazon might have bribed officials have prompted demands that the government probes the company’s operations in India. The challenges posed by e-commerce to the survival of small stores are viewed sympathetically by the government. The urge to get foreign i… Become a member to read the rest of this article
Systemic Risk and Portfolio Diversification: Evidence from the Futures Market
Bank of Canada Working Papers by Radoslav Raykov
What to Target? Insights from a Lab Experiment
Bank of Canada Working Papers by Isabelle Salle
What Can Stockouts Tell Us About Inflation? Evidence from Online Micro Data
Bank of Canada Working Papers by Alberto Cavallo and Oleksiy Kryvtsov
Fiscal and Monetary Stabilization Policy at the Zero Lower Bound: Consequences of Limited Foresight
Bank of Canada Working Papers by Michael Woodford and Yinxi Xie
The transmission of euro area monetary policy to financially euroised countries
European Central Bank Working Papers by Isabella Moder
Not all shocks are created equal: assessing heterogeneity in the bank lending channel
European Central Bank Working Papers by Laura Blattner, Luísa Farinha and Gil Nogueira