Description | Spring 2009. Vol 49 No. 1. Articles and speeches: 'Markets and operations', p.6. 'Price-setting behaviour in the United Kingdom: a microdata approach', p.28; 'Deflation', p.37. Summaries of recent Bank of England working papers: 'A no-arbitrage structural vector autoregressive model of the UK yield curve', p. 45; 'Understanding the real conundrum: an application of no-arbitrage finance models to the UK real yield curve', p.46; 'Globalisation, import prices and inflation dynamics', p.47; 'Extracting inflation expectations and inflation risk premia from the term structure a joint model of the UK nominal and real yield curves', p.48; 'Why do risk premia vary over time? A theoretical investigation under habit formation', p. 49; 'Output costs of sovereign crises: some empirical estimates', p. 50. Summaries of Bank of England speeches: 'What should be done about rising unemployment in the United Kingdom?', David Blanchflower, Monetary Policy Committee Member (MPC), February 2009, p.52: 'Monetary policy and the current recession', Andrew Sentance, Monetary Policy Committee Member (MPC), February 2009, p52; 'Seven lessons form the last three years', Sir John Geive, Deputy Governor, February 2009, p.52; Opening remarks for the London School of Economics (LSE) panel on the global economic crisis: meeting the challenge, Timothy Besley, Monetary Policy Committee Member (MPC), February 2009, p.52; 'The economic outlook', Charles Bean, Deputy Governor, February 2009, p.53; 'Why Banks failed the stress test', Andrew Haldane, Executive Director for Finacial Stability, February 2009, p.53; 'Macroeconomic policy responses in the United Kingdom (UK)', David Blanchflower, Monetary Policy Committee Member (MPC), January 2009, p.53; The Governor's speech to the CBI Dinner, Nottingham, at the East Midlands Conference Centre, Mervyn King, Governor, January 2009, p.53; 'Economic prospects and the policy challenge', Sir John Gieve, Deputy Governor, January 2009, p.53; 'The current downturn - a bust without a boom', Andrew Sentance, Monetary Policy Committee Member (MPC), December 2008, p.54. |