Belinda Tracey

As another year draws to an end and the blog prepares for some downtime over the festive period, we wanted to take a look back at the blog in 2020.
Continue reading “Our top 5 posts of 2020”Belinda Tracey
As another year draws to an end and the blog prepares for some downtime over the festive period, we wanted to take a look back at the blog in 2020.
Continue reading “Our top 5 posts of 2020”Before Bank Underground goes off on its Christmas holidays, it’s time for the Annual Bank Underground Christmas Quiz! We hope you enjoy testing your knowledge on our festive themed questions on economics, finance and all things central banking…
Continue reading “The Bank Underground Christmas Quiz”Today the Bank launched the new ‘Bank of England Agenda for Research’ setting out the key areas for new research over the coming years and a set of priority topics for 2021. The agenda is available on the Bank’s website here.
Belinda Tracey, Managing Editor
Matthew Osborne and David Bholat
Every minute of the day, Google returns over 3.5 million searches, Instagram users post nearly 50,000 photos, and Tinder matches about 7,000 times. We all produce and consume data, and financial firms are key contributors to this trend. Indeed, the global business models of many firms have amplified the data-intensity of the financial services industry. But potential fragmentation of the global data supply chain now poses a novel risk to financial services. In this blog post, we first discuss the importance of data flows for financial services, and then potential risks from blockages to these flows.
John Lewis and Belinda Tracey
Today marks the fifth anniversary of Bank Underground! On 19 June 2015 we launched with our maiden pair of posts on how driverless cars might shake up the insurance industry and optimal monetary policy in the presence of an effective lower bound.
Continue reading “Bank Underground turns 5!”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.
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:
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
Before Bank Underground goes off on its Christmas holidays, it’s time for the Annual Bank Underground Christmas Quiz! We hope you enjoy testing your knowledge on our festive themed questions on economics, finance and all things central banking…
Continue reading “The Bank Underground Christmas Quiz”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:
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
The collapse of Lehman Brothers in September 2008 will forever be remembered as a pivotal moment in the global financial crisis. TV pictures flashed around the world of staff carrying their belongings out of their offices as their employer filed for bankruptcy. But few observers watching at the time foresaw the tumultuous events that would be unleashed in the weeks and months that followed. And the consequences endured: for policymakers, academics and market participants alike, the world was never quite the same again.
In this special series of posts, we turn the clock back to 2008 to look at how the crisis unfolded and what those events revealed about the economic and financial system. This week, we’ll publish four posts, each focussing on a different aspect. Today’s opening post explores how trouble in the subprime US mortgage market ended up creating a global emergency. Subsequent posts will look at the sharp contraction in cross-border lending, the turmoil in money markets, and knock-on effects on the global economy.
The authors take a diverse range of approaches- some draw on earlier academic work, some focus on the evolution of the data, others try to piece together the mechanics of the system. As ever, we welcome your discussion of our work- either using the comments facility at the foot of each post, tagging @BoE_Research on twitter or best of all – via by writing a response on your own blog!
John Lewis, Managing Editor