Quarterly Bulletin
2006 Q3 Contents
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  (4.6mb). |
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| Summary | |
| Recent economic and financial developments | |
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Markets and operations (1mb) Box - Analysing recent moves in credit spreads using a Merton model Box - Investing in commodity futures Box - Idiosyncratic volatility in the overnight gilt repo market Box - Provision of longer-term financing through outright bond purchases |
| Research and analysis | |
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The UK international investment position (410k) |
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Costs of sovereign default (268k) Box - Argentina's triple financial crisis |
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UK export performance by industry (181k) |
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Summaries of recent Bank of England working papers (126k) Elasticities, markups and technical progress: evidence from a state-space approach The welfare benefits of stable and efficient payment systems International and intranational consumption risk sharing: the evidence for the United Kingdom and OECD The danger of inflating expectations of macroeconomic stability: heuristic switching in an overlapping generations monetary model Procyclicality, collateral values and financial stability Bank capital, asset prices and monetary policy Consumption excess sensitivity, liquidity constraints and the collateral role of housing Fiscal rules for debt sustainability in emerging markets: the impact of volatility and default risk Optimal emerging market fiscal policy when trend output growth is unobserved |
| Speeches | |
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The Governor's speech in Edinburgh, Scotland (274k) Speech at a dinner hosted by Scottish Financial Enterprise (SFE) and Edinburgh Chamber of Commerce (ECC), delivered on 12 June 2006 |
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The Governor's speech at the Mansion House (193k) Given on 21 June 2006 |
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Stability and change (373k) Speech by Sir John Gieve, Deputy Governor and member of the Monetary Policy Committee, given to the Engineering Employers' Federation North West on 20 July 2006 |
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Financial system risks in the United Kingdom - issues and challenges (386k) Speech by Sir John Gieve, Deputy Governor responsible for financial stability, given at the Centre for the Study of Financial Innovation roundtable on 25 July 2006 |
Volume 46 Number 3
