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(1) How Big Tech Lenders Will Disrupt the Business Cycle (7 min read) The ability of fintech firms to leverage information advantages impacts borrower creditworthiness and weakens the link between lending and economic activity. Sam van de Schootbrugge reviews a new BIS paper which has important implications for the future transmission of monetary policy.
(Sam van de Schootbrugge │ 16th September, 2020)
Exchange Rates and Domestic Credit – Can Macroprudential Policy Reduce the Link? (IMF, 27 page read)
Will the AI Revolution Cause a Great Divergence? (IMF, 31 page read)
Information and Inequality in the Time of a Pandemic (IMF, 31 page read)
(The commentary contained in the above article does not constitute an offer or a solicitation, or a recommendation to implement or liquidate an investment or to carry out any other transaction. It should not be used as a basis for any investment decision or other decision. Any investment decision should be based on appropriate professional advice specific to your needs.)