GECMagz

Transmission of liquidity shocks through non-bank financial intermediaries: Evidence from the International Banking Research Network

As non-bank financial intermediaries (NBFIs) have become more important in recent decades, their involvement in funding markets as well as…

6 months ago

Violent conflict and cross-border lending

How states leverage sovereign debt to support their military endeavours has been examined thoroughly, but the relationship between private finance…

6 months ago

The ripple beyond borders: Indirect effects of US export controls on Japanese firms

As part of the ongoing US-China trade war, since 2020 the US has restricted the exports of cutting-edge semiconductors from…

6 months ago

Gender-neutral economics can no longer be the default

Economic research often treats tools such as tariffs, subsides, interest rates, monetary policy, and austerity measures as gender neutral. This…

6 months ago

Debt Rules and Strong Institutions Can Safeguard Monetary Policy

Strong fiscal rules, independent oversight, and coordinated policymaking can safeguard monetary policy credibility and economic stability in Asia and the…

6 months ago

How Smart Regulations Can Unlock Growth and Attract Investment

Governments in Asia and the Pacific are reforming regulations to reduce business costs and attract investment. Cambodia is showing that…

6 months ago

Childhood friendships and the gender equality paradox in education

The most economically prosperous and gender-equal societies often display stronger gender segregation in educational choices – a pattern known as…

6 months ago

Task-based returns to generative AI: Evidence from a central bank

Generative AI tools such as GPT-4o are now widely accessible, but there is still limited experimental evidence on how they…

6 months ago

Under pressure? Central bank independence meets blockchain prediction markets

The independence of monetary authorities from political interference is a foundational principle of modern central banking, and understanding whether threats…

6 months ago

The post-pandemic disinflation: Low sacrifice, high prices

By some criteria, the post-pandemic disinflation was a triumph for central banks in advanced economies: inflation fell sharply from 40-year…

6 months ago