| Description | Autumn 2006. Vol 46 No.3. Articles: 'Markets and operations' p270; 'The UK international investment position' p290; 'Costs of sovereign default' p297; 'UK export performance by industry' p308;
Summaries of recent Bank of England working papers: 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; Procyliality, 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: 'The Governor's speech in Edinburgh, Scotland' at dinner of the Scottish Financial Enterprise (SFE) and Edinburgh Chamber of Commerce (ECC) p327; 'The Governor's speech at the Mansion House' p330; 'Stability and change' speech by Sir John Gieve, Deputy Governor, to Engineering Employers' Federation, North West p333; 'Financial system risks in the United Kingdom - issues and challenges' speech by Sir John Gieve, Deputy Governor, to Centre for the Study of Financial Innovation roundtable p337. |