(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)
For access to our Slack Chat Room, where we discuss all things markets with our researchers and subscribers