BIS Quarterly Review, March 2025 - Bank for International Settlements

The March 2025 BIS review covers international banking and financial market developments, including long-term yields, US spillovers, risky asset pricing, and ...







Monetary policy implications of state-dependent prices and wages
Wage inflation is slightly higher than price inflation, causing the real wage to peak at roughly 0.4% above steady state after four months. In contrast, in the ...
The Ends of Four Big Inflations
The four countries studied are Austria, Hungary, Germany, and Poland, which experienced dramatic hyperinflations. Czechoslovakia is also mentioned.
Global Insolvency Outlook - Allianz.com
Half the world is expected to see double-digit bankruptcy increases. The Global Insolvency Index will increase by +11% in 2024, with a +9%  ...



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Six Common Misconceptions About Inflation | Western Asset