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世界银行：领土不等式：关于国家不连续性的注记（英文版）

When the state does not reach with the same effectiveness everybody and everywhere, it creates pockets of exclusions and hampers the opportunities of individuals belonging to the excluded groups to participate fully economically, socially, and politi...

2025-06-17 86 3.18MB 45页
欧洲央行：关于延长T2运营时间的咨询文件（英文版）

By launching this consultation, the Eurosystem is taking the first step towards a possible future extension to the operating hours of its T2 system. Although the operating hours of the Eurosystem’s real-time gross settlement (RTGS) system (T2) were a...

2025-06-16 27 571.93KB 29页
美联储：黑天鹅与金融稳定：建立韧性的框架（英文版）

This article refines the concept of black swans, typically described as highly unlikely and catastrophic events, by clearly distinguishing between knowable and unknowable events. By emphasizing that black swans are “unknown unknowns,” the article hig...

2025-06-16 35 738.57KB 43页
美联储：基于地点的劳动力市场不平等（英文版）

This paper presents an overview of how various labor market indicators differ across geography. While many indicators are often discussed in terms of national aggregates, such discussions obscure the large degree of variation that exists across local...

2025-06-16 36 629.47KB 23页
美联储：欧元区的通胀预期有多稳定？来自欧元区金融市场的证据（英文版）

We analyze evolution of inflation expectations in the euro area (EA) using a novel measure of inflation expectations implied by the French nominal and inflation-indexed bonds. Overall, we find that EA inflation expectations have been relatively well ...

2025-06-16 37 1.32MB 49页
美联储：县级收入定义对低收入社区分析的适用性（英文版）

This paper examines the costs and benefits of using a straightforward county-level income definition in the classification and study of lower-income communities. A definition based on population-weighted distribution of county-level median household ...

2025-06-16 30 1.88MB 57页
纽约联储：夫妻之间的信息溢出：来自配偶连续调查的证据（英文版）

Little is known about the extent and drivers of information flow within couples and whether spouses hold aligned expectations about the same outcomes. To provide new evidence, we conduct an online survey of 2,200 middle-aged married couples in the U....

2025-06-16 27 3.38MB 63页
韩国央行：开放经济中的人口结构变化与实际利率：以韩国为例（英文版）

This study investigates the impact of demographic changes on real interest ratedynamics in Korea. We develop an open-economy life-cycle model that incorporatesKorea's high degree ofextemal openness to analyze historical trends and producelong-ter...

2025-06-16 30 1015.94KB 74页
韩国央行：人口老龄化与金融稳定：实证分析（英文版）

The global population is rapidly entering a so-caled “super-aged society,” inwhich individuals aged 65 and older account for over 20% of the total population.This phenomenon is driven by low fertility rates and increased life expectancy. Inparticular...

2025-06-16 36 1.11MB 48页
国际货币基金组织：银行向主权风险传导：新证据（英文版）

This note examines the transmission of credit risk of banks to the sovereign using the collapse of the Silicon Valley Bank in March 2023—an event that reverberated globally across banking sectors—as an exogenous shock to identify the effect. The find...

2025-06-13 33 1.04MB 28页
国际清算银行：货币体系的弹性（英文版）

Money forms the backbone of the economy and financial system. To play this role, it needs to pass three key tests. First, it needs to be accepted by agents in the economy at par with “no questions asked”. This is often referred to as the “singleness ...

2025-06-13 43 288.96KB 8页
国际清算银行：货币政策和收入不平等：通货膨胀依赖性（英文版）

This paper studies the distributional effects of monetary policy and its dependence on inflation. We document a novel dependency in the earnings heterogeneity channel of monetary policy using high-frequency, administrative tax data from eurozone memb...

2025-06-13 56 2.83MB 56页
自动驾驶汽车：人工智能与学习算法的进化之旅（英文版）

Abstract—The advent of autonomous vehicles has heralded a transformative era in transportation, reshaping the landscape of mobility through cutting-edge technologies. Central to this evolu tion is the integration of Artificial Intelligence (AI) and l...

2025-06-12 64 6.54MB 13页
加拿大国际治理创新中心CIGI：当事实改变时：全球货币体系的未来（英文版）

Former CIGI Senior Fellow Barry Eichengreen is the George C. Pardee and Helen N. Pardee Professor of Economics and Professor of Political Science at the University of California, Berkeley, where he has taught since 1987. He is a research associate of...

2025-06-12 37 306.63KB 18页
国际货币基金组织：为西非经货联释放非洲内部贸易一体化的好处：西非经货联盟（英文版）

WAEMU members’ trade openness, integration into global value chains (GVCs), and export diversification remain limited. Tariffs, non-tariff measures (NTMs, obstacles to trade that arise mainly from differences in national regulations), and a challengi...

2025-06-12 34 1.86MB 24页
国际货币基金组织：从文本到量化洞察：央行沟通的大规模法学硕士分析（英文版）

This paper introduces a classification framework to analyze central bank communications across four dimensions: topic, communication stance, sentiment, and audience. Using a fine-tuned large language model trained on central bank documents, we classi...

2025-06-12 36 7.42MB 93页
国际货币基金组织：西非经货联盟的粮食安全：当前的挑战和前进的道路（英文版）

Food insecurity in WAEMU has worsened over the last few years—mainly due to conflicts, climate, and affordability issues—with the Sahel zone being in a particularly difficult situation. The security environment is complex, while the region is also hi...

2025-06-12 36 2.09MB 19页
国际货币基金组织：西非经货联盟国内收入动员（英文版）

Domestic Revenue Mobilization (DRM) is essential for financing economic and social development and ensuring debt sustainability in WAEMU, particularly in light of rising interest, high security spending, and the prospective reduction in foreign aid. ...

2025-06-12 37 1.73MB 21页
世界银行：利用2021年购买力平价和新的消费数据重新审视全球贫困（英文版）

Recent improvements in survey methodologies have increased measured consumption in many low- and lower-middle-income countries that now collect a more comprehensive measure of household consumption. Faced with such methodological changes, countries h...

2025-06-11 74 3.64MB 68页
世界银行：在约束下的产业政策：来自巴基斯坦出口补贴计划的证据（英文版）

This paper investigates the impact of an export promotion policy consisting of ad-valorem subsidies for a set of targeted products, on the performance of Pakistani exports in the textile sector. The findings show that the policy had a small overall i...

2025-06-11 76 4.28MB 31页

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