Description | Summer 2012. Vol 52 No. 2. Recent economic and financial developments: 'Markets and operations' p.100; Asset purchases' p.102; 'Operations within the sterling monetary framework and other market operations' p.106.Research and analysis:'How has the risk to inflation from inflation expectations evolved?' p.114; 'Public attitudes to monetary policy and satisfaction with the Bank' p.124; 'Using changes in auction maturity sectors to help identify the impact of QE on gilt yields.' p.129; UK labour productivity since the onset of the crisis - an international and historical perspective.' p.138; 'Considering the continuity of payments for customers in a Bank's recovery or resolution.' p. 147; Summaries of recent Bank of England working papers p.154: 'Non-rational expectations and the transmission machanism.' p.154; 'Misperceptions, heterogeneous sxpectations and macroeconomic dynamics.' p.155; 'Forecasting UK GDP growth, inflation and interest rates under structural change: a comparison of models with time-varying parameters.' p.156; 'Neutral technology shocks and employment dynamics: results based on an RBC identification scheme.' p.157; 'Fixed interest rates over finite horizons.' p.158.Report: A review of the work of the London Foreign Exchange Joint Standing Committee in 2011 p.160. A summary of Bank of England speeches and ad hoc papers: ' Costly capital and the risk of rare disasters', Ben Broadbent, Monetary Policy Committee member, May 2012 p.166; 'Monetary policy and the damaged economy', David Miles, Monetary Policy Committee member, May 2012 p.166; 'What is the FPC for?', Alistair Clark, Financial Policy Committee member, May 2012 p.166; 'The future of UK banking - challenges ahead for promoting a stable sector,' Andrew Bailey, Executive Director, May 2012 p.166; 'Pension funds and quantitative easing', Charles Bean, Deputy Governor, May 2012 p.167; Articles on the framework for macroprudential policy, Paul Tucker, Deputy Governor, March - May 2012 p.167; 'Currency in search of confidence', Robert Jenkins, Financial Policy Committee member, May 2012; 'On counterparty risk', Andrew Haldane, Executive Director for Financial Stability, May 2012; 'Bank executives: now we have your attention....', Robert Jenkins, Financial Policy Committee member, May 2012; ' Basel II proved to be inadequate, so are the new rules really 'too severe'?', Robert Jenkins, Financial Policy Committee member, May 2012 p.168; 'Resolution: a progress report', Paul Tucker, Deputy Governor, March - May 2012 p.168; 'What we know now', Charles Bean, Deputy Governor, May 2012 p.168; The 2012 BBC Today Programme Lecture, Sir Mervyn King, Governor, May 2012 p.168; 'Shadow banking : thoughts for a possible policy agenda', Paul Tucker, Deputy Governor, May 2012 p.169; 'Financial Arms races', Andrew Haldane, Executive Director for Financial Stability, April 2012 p.169; 'Credit conditions for firms: stability and monetary policy', Paul Tucker, Deputy Governor, April 2012 p.169; Liquidity support from the Bank of england: the Discount Window Facility', Paul Fisher, Executive Director for Markets, March 2012, p.169; 'Why is their recovery better than ours? (Even though neither is good enough)', Adam Posen, Monetary Policy Committee member, March 2012 p.170; 'Government debt and unconventional monetary policy', David Miles, Monetary Policy Committee member, March 2012 p.170; 'Crisis and crash: lessons for regulation', Michael Cors, Financial Policy Committee member, March 2012 p.170; 'Rebalancing the supply side of the UK economy: what; how; and issues of m onetary policy', Spencer Dale, Executive Director and Chief Economist, March 2012 p.170; 'Deleveraging', Ben Broadbent, Monetary Policy Committee member, March 2012 p.171. Appendices: Contents of recent Quarterly Bulletins p.174; Bank of England publications p.176. |