Description | Summer 2009. Vol 49 No. 2. Recent economic and financial developments: 'Markets and operations', p.68 ('Purchases of private sector assets by the Bank's Asset Purchase Facility', p.70; 'Liquidity in the gilt market', p.76). Research and analysis: 'Quantitative easing', p.90 ('Asset purchases in other countries', p.92; 'Implementation of asset purchases', p.94); 'Public attitudes to inflation and monetary policy', p.101 ('The Bank/GfK NOP survey', p.102); 'The economics and estimation of negative equity', p.110 ('A comparison with different episodes', p.116). Summaries of recent Bank of England working papers: 'Dynamics of the term structure of UK interest rates', p.122; 'What lies beneath: what can disaggregated data tell us about the behaviour of prices?', p.123; 'Foreign exchange rate risk in a small open economy', p.124; 'Common determinants of currency crisis: role of external balance sheet variables', p.125; 'Labour market flows: facts from the United Kingdom', p.126; 'The real exchange rate in sticky-price models: does investment matter?', p.127; 'Multivariate methods for monitoring structural change', p.128; 'Banks' intraday liquidity management during operational outage: theory and evidence from from the UK payment system', p.129; 'Payment systems, inside money and financial intermediation', p.130. Report: 'A review of the work of the London Foreign Exchange Joint Standing Committee in 2008', p.132. Speeches: Bank of England speeches, p.138. Appendices: Contents of recent Quarterly Bulletins, p.142; Bank of England publications, p.144. |