Description | Autumn 2009. Vol 49 No. 3. Recent economic and financial developments: 'Markets and operations', p.154 ('An indicative decomposition of the option-implied probability distribution for Libor' p.158; 'UK RPI inflation options' p.163 'What might lie behind the recent narrowing in EME bonds spreads' p.165; 'Gilt lending' p.169). Research and analysis: 'Global imbalances and the financial crisi' p.178; 'Household saving' p.191; 'What can be said about the rise and fall in oil prices?', p.215; Bank of England Systemic Risk Survey, p.226. Summaries of recent Bank of England working papers: 'Funding liquidity risk in a quantitative model of systemic stability', p.232; 'International financial transmission: emerging and mature markets', p.233; 'How do different models of foreign exchange settlement influence the risks and benefits of global liquidity management?', p.234; 'Inflation dynamics with labour market matching: assessing alternative specifications', p.235. Report: 'Monetary Policy Roundtable', p.238. Summaries of Bank of England speeches: 'The great moderation, the great panic and the great contraction', Charles Bean, Deputy Governor, August 2009, p.242; Opening remarks for the panel on Macroeconomy and quantitative easing, Timothy Besley, Monetary Policy Committee Member (MPC), July 2009, p.242; 'Regimes for handling bank failures: redrawing the banking Social Contract', Paul Tucker, Deputy Governor, June 2009, p.243; 'Inflation targeting: learning the lessons from the financial crisis', Spencer Dale, Executive Director and Chief Economist, June 2009, p.243; The Governor's speech at the Mansion House, Mervyn King, Governor, June 2009, p.243; 'The road to recovery and the inflation target', Paul Fisher, Monetary Policy committee member, June 2009, p.244; 'Meeting the challenges of economic recovery', Andrew Sentance, Monetary Policy committee member, June 2009, p.244; 'The state of the market: four issues', Paul Tucker, Deputy Governor, June 2009, p.244. Appendices: Contents of recent Quarterly Bulletins, p.246; Bank of England publications, p.248. |