By
Sam van de Schootbrugge
July 28, 2021
In: Deep Dives |
Monetary Policy & Inflation
July 28, 2021
Theoretically, EM central banks should loosen domestic policy in response to contractionary US rate hikes. This is to mitigate any…
By
Sam van de Schootbrugge
July 21, 2021
In: Deep Dives |
Fiscal Policy & Inequality
July 21, 2021
Many central banks entered the Covid-19 pandemic with their lowest ever policy rate going into a recession. And so, for arguably one of…
By
Sam van de Schootbrugge
July 14, 2021
In: Deep Dives |
Equities
July 14, 2021
Investors with long horizons are often advised to invest heavily in stocks. This is because research has shown a relatively large…
By
Sam van de Schootbrugge
July 07, 2021
In: Deep Dives |
Bitcoin & Crypto
July 07, 2021
Cryptocurrencies offer a digital alternative to fiat money and commercial banking. A key rationale behind their development was…
By
Sam van de Schootbrugge
June 30, 2021
In: Deep Dives |
ESG & Climate Change
June 30, 2021
The transition to electric transportation is central to decarbonisation efforts. The rate of electrification will hinge on three forces:…
By
Sam van de Schootbrugge
June 23, 2021
In: Deep Dives |
FX
June 23, 2021
A new NBER working paper revisits the uncovered interest rate parity condition using survey data on exchange rate expectations…
By
Sam van de Schootbrugge
June 16, 2021
In: Deep Dives |
Miscellaneous
June 16, 2021
One of our most iconic offerings at Macro Hive is the weekly Deep Dive. For it, we review academic papers that are at the frontier of…
By
Sam van de Schootbrugge
June 09, 2021
In: Deep Dives |
Economics
June 09, 2021
Until now, digitalisation has coincided with substantial growth in ‘superstar’ cities. However, the pandemic has shown that working…
By
Sam van de Schootbrugge
June 02, 2021
In: Deep Dives |
Monetary Policy & Inflation
June 02, 2021
A new NBER working paper shows that existing US surveys of professional forecasters and households poorly proxy firms’ inflation…
By
Sam van de Schootbrugge
May 26, 2021
In: Deep Dives |
Global
May 26, 2021
The Covid-19 crisis triggered a sharp reversal of capital flows to Emerging Market Economies (EMEs). Also known as a sudden stop…
By
Julius Probst, PhD
May 19, 2021
In: Deep Dives |
Economic Growth
May 19, 2021
Today, most central banks use Dynamic Stochastic General Equilibrium (DSGE) models for policymaking and forecasting. These models are…
By
Sam van de Schootbrugge
May 12, 2021
In: Deep Dives |
Bonds
Economic Growth
US
May 12, 2021
The Treasury market is one of the largest and most liquid markets in the world, making it a good proxy for predicting aggregate economic…
By
Sam van de Schootbrugge
May 05, 2021
In: Deep Dives |
COVID
May 05, 2021
Six months ago, we reviewed Upwork’s seminal research into the future of remote working. The general mood then was that the…
By
Sam van de Schootbrugge
April 28, 2021
In: Deep Dives |
Credit
April 28, 2021
A raft of prudential regulations sprung up to protect financial stability in the aftermath of the 2008 Global Financial Crisis. Yet at the onset…
By
Sam van de Schootbrugge
April 21, 2021
In: Deep Dives |
Europe
April 21, 2021
The European Union has committed to climate neutrality by 2050. To achieve this, the share of renewable energy sources in total…
By
Sam van de Schootbrugge
April 14, 2021
In: Deep Dives |
Global
April 14, 2021
Designing a portfolio that meets expectations is notoriously difficult. Optimised portfolios typically fail to deliver average…
By
Sam van de Schootbrugge
April 07, 2021
In: Deep Dives |
Commodities
Economic Growth
April 07, 2021
Commodity prices are a key factor driving economic aggregates in developing countries, accounting for about one quarter of…
By
Sam van de Schootbrugge
March 31, 2021
In: Deep Dives |
Real Estate
March 31, 2021
We now generate more data in two days than we did from the dawn of time until 2003. The finance profession is harnessing that information…
By
Sam van de Schootbrugge
March 24, 2021
In: Deep Dives |
ESG & Climate Change
March 24, 2021
In the first six months of 2020, 6.4% less carbon dioxide was emitted than in the same period in 2019. Global Earth champions are calling…
By
Sam van de Schootbrugge
March 17, 2021
In: Deep Dives |
Monetary Policy & Inflation
March 17, 2021
Individuals participating in forecaster surveys typically make mistakes. However, central bank survey makers assume these mistakes fall…
By
Sam van de Schootbrugge
March 10, 2021
In: Deep Dives |
COVID
Labour Market & Inequality
March 10, 2021
The latest $1.9tn Covid-19 relief package could boost the 2021 US federal government deficit to over $3.5tn. This unprecedented level…
By
Sam van de Schootbrugge
March 03, 2021
In: Deep Dives |
COVID
Equities
March 03, 2021
A firm’s environmental, social, and governance (ESG) profile appears increasingly linked to financial outcomes. Investors are…
By
Sam van de Schootbrugge
February 24, 2021
In: Deep Dives |
Equities
FX
February 24, 2021
Outperforming a random walk model when trying to forecast nominal exchange rate movements is notoriously difficult. Meese and…
By
Sam van de Schootbrugge
February 17, 2021
In: Deep Dives |
Asia
China
Economic Growth
February 17, 2021
For decades, many have questioned the accuracy and authenticity of Chinese official GDP figures. And a period of abnormally smooth…
By
Sam van de Schootbrugge
February 10, 2021
In: Deep Dives |
Economic Growth
Equities
February 10, 2021
Start-up success hinges on many factors, but most would agree that the skills and experience of the founder and initial founding…
By
Sam van de Schootbrugge
February 03, 2021
In: Deep Dives |
Global
February 03, 2021
A wave of recent literature documents the influence of technology on investor behaviour. For example, Loos et al. (2020) show how…
By
Sam van de Schootbrugge
January 27, 2021
In: Deep Dives |
Asia
China
Equities
Politics & Geopolitics
US
January 27, 2021
Former US President Donald Trump significantly escalated, if not began, the US-China trade war with two executive orders on 31 March 2017…
By
Sam van de Schootbrugge
January 20, 2021
In: Deep Dives |
Bitcoin & Crypto
January 20, 2021
The lack of a regulated data feed and the abundance of crypto exchanges make it hard for investors to access the high-frequency bid-ask…
