Temporary pause to Bank Underground

Given our need to reprioritise staff resources towards responding to the Covid-19 pandemic, we’ll be temporarily pausing publishing posts on Bank Underground. We will review this periodically and hope to resume soon.

Belinda Tracey, Managing Editor

If you want to get in touch, please email us at bankunderground@bankofengland.co.uk or leave a comment below.

Comments will only appear once approved by a moderator, and are only published where a full name is supplied. Bank Underground is a blog for Bank of England staff to share views that challenge – or support – prevailing policy orthodoxies. The views expressed here are those of the authors, and are not necessarily those of the Bank of England, or its policy committees.

Our top five posts of 2019

As another year draws to an end, we wanted to take a look back at the blog in 2019. In case you missed any of them the first time round, the five most viewed posts for the year were:

  1. Handel and the Bank of England
  2. Houses are assets not goods: part 1 and part 2
  3. The ownership of central banks
  4. Opening the machine learning black box
  5. What happens when ‘angels fall’?

We hope you enjoyed the blog in 2019. Happy New Year and we look forward to you reading our posts in 2020!

Belinda Tracey, Managing Editor

Our top five posts of 2018

As the year draws to a close and the blog prepares for a couple of weeks’ downtime over the festive period, we recap on the five most viewed posts for the year. They span a wide range of topics including the reason for weak productivity growth, the macroeconomic effects of demographic change, what steeper yield curves mean for bank profitability, the future prospects for digital currencies, and drivers of consumer credit growth.

If you missed any of them first time round, this is a good chance to catch up on the posts that your fellow readers liked (or at least read) the most:

  1. The seven deadly paradoxes of cryptocurrency
  2. Population ageing and the macroeconomy
  3. Is a steeper yield curve good news for banks? A challenge to conventional wisdom
  4. The UK’s productivity puzzle is in the top tail of distribution
  5. Who’s driving consumer credit growth

We hope you enjoyed the blog in 2018. Happy Christmas and we look forward to you reading our posts in 2019!

John Lewis, Managing Editor