Description | Winter 2011. Vol 51 No. 4. Recent economic and financial developments: 'Markets and operations' p.280; 'Asset purchases' p.282; 'Operations within the sterling monetary framework and other market operations' p.286. Research and analysis: 'Understanding recent developments in UK external trade' p.294; 'Developments in financial services exports' p. 299; 'The financial position of British households: evidence from the 2011 NMG Consulting survey' p.305; 'Estimates of marginal propensities to consume' p. 313; 'Survey method' p.316; 'Online survey' p.317; 'Going public: UK companies' use of capital markets' p.319; 'Graduating to the public bond market' p.323; 'Secondary market conditions and primary issuance in 2008 and 2009' p.326; 'Trading models and liquidity provision in OTC derivatives markets' p.331; 'Market microstructure theory' p.337; 'Summaries of recent Bank of England working papers' p.341; 'Systemic capital requirements' p.341; 'Estimating the impact of the volatility of shocks: a structural VAR approach' p.342; 'How do individual UK consumer prices behave?' p.343; 'An efficient minimum distance estimator for DSGE models' p.344; 'Time-varying volatility, precautionary saving and monetary policy' p.345. Summaries of Bank of England speeches: 'Monetary policy in a weak economy' Martin Weale, Monetary Policy Committee member, November 2011 p.348; 'Promoting a prudent and stable financial system' Andrew Bailey, Executive Director, Prudential Regulation Authority - Deputy CEO designate, November 2011 p.348; 'Lessons in lobbying' Robert Jenkins, Financial Policy Committee member, November 2011 p.348; 'A few remarks on current monetary policy in a rebalancing economy' Paul Tucker, Deputy Governor, November 2011 p.348; 'Mortgages, housing and monetary policy - what lies ahead?' David Miles, Monetary Policy Committee member, November 2011 p.349; 'The economic outlook' Charles Bean, Deputy Governor, November 2011 p.349; 'Remarks by Robert Jenkins' Robert Jenkins, Financial Policy Committee member, November 2011 p.349; 'The capital conundrum' Robert Jenkins, Financial Policy Committee Member, November 2011 p.349; 'Balancing security and aesthetics: the evolution of modern banknote design' Chris Salmon, Executive Director for Banking Services and Chief Cashier, October 2011 p.350; 'Control rights (and wrongs)' Andrew Haldane, Executive Director for Financial Stability, October 2011 p.250; 'Central counterparties: the agenda' Paul Tucker, Deputy Governor, October 2011 p.350; Speech by the Governor, Sir Mervyn King, Governor, October 2011 p. 350; 'Why prudential regulation matters' Andrew Bailey, Executive, Prudential Regulation Authority - Deputy CEO designate, October 2011 p.351; 'Monetary policy and financial dislocation' David Miles, Monetary Policy Committee member, October 2011 p.351; 'Rebalancing and the real exchange rate' Ben Broadbent, Monetary Policy Committee member, September 2011 p. 351; 'Productivity and monetary policy' Spencer Dale, Executive Director and Chief Economist, September 2011 p.352; 'Macroprudential policy: addressing the things we don't know' Alastair Clark, Financial Policy Committee member, and Sir Andrew Large, former Deputy Governor of the Bank of England, September 2011 p.352; 'How to do more' Adam Posen, Monetary Policy Committee member, September 2011 p.352; 'Enhancing financial stability: the role of transparency' Donald Kohn, Financial Policy Committee member, September 2011 p.352. Appendices: Contents of recent Quarterly Bulletins p.356; Bank of England publications p.358. |