Understanding China’s Low Inflation Challenge
January 13, 2025
This analytical note provides a deep dive into the issue of low inflation in China.
January 13, 2025
This analytical note provides a deep dive into the issue of low inflation in China.
December 19, 2024
Aruhan Rui Shi, Prashant Pande
Currency carry trade has come under the spotlight following a sharp appreciation of the Japanese yen in early August.
November 15, 2024
In recent months, the ringgit has emerged as the best-performing currency in the region. What caused the ringgit’s rebound and will its rally sustain?
June 12, 2024
Cheng Zhong, Jorge Antonio Chan-Lau, Luca Mungo, Ritong Qu, Ruogei Hu, Weining Xin
This paper develops a mixed-frequency, tree-based, gradient-boosting model designed to assess the default risk of privately held firms in real time.
June 5, 2024
This paper develops and estimates a dynamic stochastic general equilibrium (DSGE) model representing several key characteristics of Japan, namely, a large open economy,
May 20, 2024
In March, the Bank of Japan (BOJ) terminated its nearly decade-long unconventional monetary policy framework, characterized by massive asset purchases, negative interest rate, and yield curve control (YCC) policy.
April 17, 2024
This paper estimates and simulates a small open economy model for assessing Korea’s monetary and fiscal policy performance between 2005 and 2022.
April 15, 2024
Hoe Ee Khor, Pim-orn Wacharaprapapong, Runchana Pongsaparn
This paper sheds light on pandemic-related central bank balance sheet tools and ensuing normalization, with a particular focus on ASEAN-4 economies.
March 7, 2024
Andrew Tsang, Diana del Rosario, Fan Zhai, Jade Vichyanond, Jinho Choi, Justin Lim, Kimi Xu Jiang, Nguyen Thi Kim Cuc, Paolo Hernando, Suan Yong Foo, Tanyasorn Ekapirak, Tolakham Vann, Vanne Khut, Wanwisa May Vorranikulkij, Yoki Okawa
This database presents a summary of the capital flow management and macroprudential policy measures deployed by each ASEAN+3 member economy since the 1990s or 2000s.
February 29, 2024
This paper develops a prototype macroeconomic model for assessing monetary and fiscal policy in the Philippines.