Category: Codes and Datasets

Long series for Central bank total assets from the BIS

The Bank for International Settlements has produced a formidable effort to construct historical series for central bank total assets. The data and the methodology are available on their…

Strong Institutions Shield Emerging Markets from US Monetary Shocks

Allow me to share this ADB blog written by Donghyun Park and Irfan A. Qureshi. Based on our recent joint publication in the Journal of International Money and…

Asymmetries in the oil market: Accounting for the growing role of China through quantile regressions (Macroeconomic Dynamics)

NEW PUBLICATION: This paper assesses the role of political tensions between the US and China and global market forces in explaining oil price fluctuations. To this end, we…

On the time-varying impact of China’s bilateral political relations on its trading partners: “doux commerce” or “trade follows the flag”? (China Economic Review)

NEW PUBLICATION: We assess the impact of China’s bilateral political relations with three main trading partners—the US, Germany, and the UK—on current account balances and exchange rates, over…

How do political tensions and geopolitical risks impact oil prices? (Energy Economics)

NEW PUBLICATION: This paper assesses the effect of US–China political relationships and geopolitical risks on oil prices. To this end, we consider two quantitative measures, the Political Relationship Index (PRI)…

Do FX reserves promote monetary autonomy in the presence of global spillovers?

NEW PUBLICATION: This paper examines whether the size of foreign exchange (FX) reserves can explain cross-country differences in foreign currency depreciation observed over the 2021-22 Federal Reserve monetary…

Illustrating the sample variance bias with R and Mathematica

In my previous blog, I recall that we can demonstrate in a few steps that the sample variance is an unbiased estimator of the population variance when we…

Producing a Stata code for a simple Monte Carlo simulation with an AI programming assistant

Great news! Wolfram Research has launched a new function that could help to write a code in various languages: resources.wolframcloud.com/ This function requires that you have an account…