| Description | Spring 2012. Vol 52 No. 1. Recent economic and financial developments: 'Markets and operations' p.6; 'Asset purchases' p.8; 'Operations within the sterling monetary framework and other market operations' p.12. Research and analysis: 'What might be driving the need to rebalance in the United Kingdom?' p.20; Agents' Special Survey since the start of the financial crisis', p.31; 'What can the oil futures curve tell us about the outlook for oil prices , p.39; 'Quantative Easing and other unconventional monetary policies: Bank of England conference summary', p.48; 'The Bank of England's Special Liquidity Scheme' p.57. Summaries of recent Bank of England working papers: 'Identifying risks in emerging markets sovereign and corproate bond spreads', p.67; 'Financial intermediaries in an estimated DSGE model for the United Kingdom', p.68; 'An estmimated DSGE model: explaining variation in term premia', p.69; ' The impact of QE on the UK economy - some supportive monetarist arithmetic', p.70; 'Assessing the economy-wide effects of quantitative easing', p.71; 'Asset purchase policy at the effective lower bound for interest rates', p.72; 'Does macropru leak? Evidence for a UK policy experiment', p.73; 'The business cycle implications of banks' maturity transformation', p.74; 'Implicit intraday interest rate in the UK unsecured overnight money Market', p.75. Report: Monetary Policy Round Table, p.79. Summary of Bank of England speeches: 'Towards a common financial language', Andrew Haldane, Executive Director for Financial Stability, March 2012 p.82; 'Insurance, stability and the United Kingdom's new regulatory architecture', Paul Tucker, Deputy Governor, March 2012 p.82; 'Policymaking at the Bank of England: The Financial Policy Committee', Paul Fisher, Executive Director for Markets, March 2012, p.82; Asset prices, saving and the wider effects of monetary policy', David Miles, Monetary Policy Committee member, March 2012 p.82; 'From retailers paradise to shoppers' strike: what lies behind the weakness in consumption', Martin Weale, Monetary Policy Committee member, February 2012 p.83; 'National balance sheets and macro policy: lessons from the past', Paul Tucker, Deputy Governor, February 2012 p.83; 'Quantitative easing and the economic outlook', Charles Bean, Deputy Governor, February 2012 p.83; 'Three principles for successful financial sector reform', Chris Salmon, Executive Director for Banking Services and Chief Cashier, February 2012 p.84; Introductory remarks by Paul Tucker at the launch for 'Investing in change: the reform of Europe's financial markets', Paul Tucker, Deputy Governor, February 2012 p.84; Speech by Sir Mervyn King, Governor, January 2012, p.84; 'Accounting for bank uncertainty', Andrew Haldane, Executive Director for Financial Stability, January 2012 p.85; 'What the return of 19th century economics means for 21st century geopolitics', Adam Posen, Monetary Policy Committee member, January 2012 p.84; 'Why banks must think carefully before they shrink their assets', Robert Jenkins, Financial Policy Committee member, December 2011, p.85; 'Prospects for monetary policy: learning the lessons from 2011', Spencer Dale, Executive Director and Chief Economist, December 2011 p.85; 'The Financial Policy Committee at the Bank of England', Donald Kohn, Financial Policy Committee member, December 2011, p.86. Appendices: Contents of recent Quarterly Bulletins p.88; Bank of England publications p.90. |