Cordelia Kafetz
Despite speculation to the contrary, the number of banknotes in circulation is increasing. During 2016, growth in the value of Bank of England notes was 10%, double its average growth rate over the past decade.
- 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.
Top Posts & Pages
- Do core and transitory volatilities matter for the economy?
- Car finance – is the industry speeding?
- Should economists be more concerned about Artificial Intelligence?
- Bitesize: Bank note-able growth
- Low real interest rates: depression economics, not secular trends
- Trade: The benefits of foreign banks
- About
- Bitesize: Correction to ‘There are two productivity puzzles’
- Big Data jigsaws for Central Banks – the impact of the Swiss franc de-pegging
- Does productivity drive wages? Evidence from sectoral data
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