The financial cycle and macroeconomics: What have we learnt? (Working Paper)

It is high time we rediscovered the role of the financial cycle in macroeconomics. In the environment that has prevailed for at least three decades now, it is not possible to understand business fluctuations and the corresponding analytical and ...

BIS Quarterly Review December 2012 - International banking and financial market developments . In this issue:

1. Natural catastrophes and global reinsurance - exploring the linkages
2. The euro area crisis and cross-border bank lending to emerging markets
3. On the liquidity coverage ratio and monetary policy implementation
4. Enhancements to the BIS debt securities statistics

Unmitigated disasters? New evidence on the macroeconomic cost of natural catastrophes  (Working Paper)

This paper presents a large panel study on the macroeconomic consequences of natural catastrophes and analyzes the extent to which risk transfer to insurance markets facilitates economic recovery.

Quarterly Review: summary tables and detailed tables

Release of property price data

BIS, ECB and IMF publish third part of Handbook on Securities Statistics

OTC derivatives market activity in the first half of 2012

Template and instructions published for calculating capital requirements for bank default fund exposures to central counterparties in accordance with Method 1 of the interim rules text

Basel III counterparty credit risk - Frequently asked questions (update of FAQs published in July 2012)

Current focus of the Basel Committee: Raising the bar (remarks by Stefan Ingves)

Basel III: Necessary, but not sufficient (speech by Wayne Byres)