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Quarterly Bulletin
Winter 2002 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 (4.6M).
 
Summary
Recent economic and financial developments
Markets and operations (190k)
Box on bond yields and repo rates
Research and analysis
What do measures of core inflation really tell us?
(102k)
Estimating the impact of changes in employers' National Insurance Contributions on wages, prices and employment (70k)
Equity valuation measures: what can they tell us?
(226k)
Profit expectations and investment (64k)
Financial pressures in the UK household sector: evidence from the British Household Panel Survey (85k)
Money market operations and volatility in UK money market rates (160k)
 
Summaries of recent Bank of England working papers (44k)
The role of short-run inflation targets and forecasts in disinflation
Financial pressure and balance sheet adjustment by UK firms
Reports
The Centre for Central Banking Studies (2.7M)
The external balance sheet of the United Kingdom: recent developments (98k)
Box on international efforts to improve portfolio investment data
Box on estimating market values for foreign direct investment (FDI)
Public sector debt: end-March 2002 (73k)

Speeches

Speech at the Northwest Development Agency/Bank of England Dinner
Speech by the Governor, given on 15 October 2002

The inflation target ten years on (111k)
Speech by Mervyn King, Deputy Governor, delivered to the London School of Economics, 19 November 2002

The MPC and the UK economy: should we fear the D-words? (213k)
Speech by Charles Bean, Chief Economist, delivered to the Emmanuel Society, on 25 November 2002

Macroeconomic policy rules in theory and in practice
(341k)
Speech by Christopher Allsopp, member of the Bank's Monetary Policy Committee, presented at the conference on 'Policy rules-the next steps', Cambridge, 19-20 September 2002

Volume 42 Number 4

Back to 2002
Related Links
  • Inflation Report
    Sets out the detailed economic analysis and inflation projections on which the Bank's Monetary Policy Committee bases its interest rate decisions, and presents an assessment of the prospects for UK inflation over the following two years.
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