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Climate change and the macro economy

The ECB occasional paper reviews how climate change and policies to address it may affect the macro economy in ways that are relevant for central banks’ monetary policy assessment of…

Finance and Inequality

analysis, papers
The IMF study examines empirical relationships between income inequality and three features of finance: depth, inclusion, and stability. Using new data covering a wide range of countries, the authors find…

Making retail banks resolvable

papers, resolution
Many retail banks struggle to comply with the existing EU resolution framework due to their funding model and difficulty to tap capital markets. According to the author, efforts to improve…