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Home > News and Publications > Contents of Quarterly Bulletin 2012 Q4

Contents of Quarterly Bulletin 2012 Q4

Summary of Quarterly Bulletin 2012 Q4
Each article is available as a separate pdf file;  click on the appropriate title to access the relevant file.  Alternatively you may download the complete issue.
Recent economic and financial developments
Markets and operations (312k)
Box - Recent moves in sterling overnight interest rates
Box - Operations within the Sterling Monetary Framework and other market operations
Box - Asset purchases
Special topic - Introduction of client clearing to OTC derivatives markets
Special topic - Use of CCPs in European repo markets
Research and analysis 
The Funding for Lending Scheme (127k)
Box - How the FLS affects incentives for different banks
Box - Comparing funding costs across various sources
What can the money data tell us about the impact of QE? (486k)
Box - The counterparts framework for analysis of changes in broad money
Box - QE and lending to the real economy
Box - The QE impact and the counterfactual path for broad money in context
Influences on household spending:  evidence from the 2012 NMG Consulting survey (88k)
Box - Survey method
Box - The longitudinal aspect of the NMG survey
Box - Estimates of marginal propensities to consume
The role of designated market makers in the new trading landscape (119k)
Box - Designated market-making on the London Stock Exchange
Box - Evidence on the impact of introducing DMMs into a stock market
Box - Designated market-making in liquid stocks during market stress
Box - Why do we need a prudential regulator?
Box - Proactive Intervention Framework
Reputation, risk-taking and macroprudential policy
The international transmission of volatility shocks:  an empirical analysis
International policy spillovers at the zero lower bound
Size and complexity in model financial systems
­QE and the gilt market:  a disaggregated analysis
­Factor adjustment costs:  a structural investigation
­Using Shapley’s asymmetric power index to measure banks’ contributions to systemic risk
High-frequency trading behaviour and its impact on market quality:  evidence from the UK equity market