Revisiting the regulatory capital stack by Claudio Borio, Rodrigo Coelho, Fernando Restoy and Nikola Tarashev published by BIS (11/2025). “The post-Great Financial Crisis regulatory reforms have directly contributed to a more resilient financial system and supported sustainable growth, but…
Assuntos Fiscais
Tackling the fiscal policy-financial stability nexus (Borio et al.)
Tackling the fiscal policy-financial stability nexus by Claudio Borio, Marc Farag and Fabrizio Zampolli published by BIS (4/2023). Tackling the fiscal policy-financial stability nexus is essential to ensure financial and hence macroeconomic stability. In this paper, we review the…
The two-regime view of inflation by Claudio Borio, Marco Lombardi, James Yetman and Egon Zakrajšek published by BIS (3/2023). This study provides a view of the inflation process that is complementary to the one captured in standard models, such…
Sem categoria
Financial cycles, labour misallocation, and economic stagnation (Borio et al.)
Financial cycles, labour misallocation, and economic stagnation by Claudio Borio, Enisse Kharroubi, Christian Upper, Fabrizio Zampolli published by VOXEU (4/2016) Some analysts claim that secular stagnation is responsible for the disappointing post-crisis economic performance. This column provides a different explanation…
Sem categoria
Looking under the hood: The two faces of inflation (Borio et al.)
Looking under the hood: The two faces of inflation by Claudio Borio, Piti Disyatat, Dora Xia, Egon Zakrajšek published by VOXEU (1/2022) High and low inflation are two very different animals. This column argues that after remaining low and stable…
