Staff research, Publications

• February 6, 2001

  Monetary Policy Report Update – February 2001

  On 23 January, the Bank reduced the Bank Rate by one-quarter of one percentage point to 5 3/4 per cent.

  Content Type(s): Publications, Monetary Policy Report

• Exact Non-Parametric Tests for a Random Walk with Unknown Drift under Conditional Heteroscedasticity

  Staff Working Paper 2001-2 Richard Luger

  This paper proposes a class of linear signed rank statistics to test for a random walk with unknown drift in the presence of arbitrary forms of conditional heteroscedasticity.

  Content Type(s): Staff research, Staff working papers Research Topic(s): Econometric and statistical methods JEL Code(s): C, C1, C12, C2, C22

• The Elements of the Global Network for Large-Value Funds Transfers

  Staff Working Paper 2001-1 James Dingle

  The author describes the various elements of the global payment network for large-value funds transfers (G-LVTN) in order to provide a convenient reference document intended for readers in the academic, legal, and financial communities.

  Content Type(s): Staff research, Staff working papers Research Topic(s): Payment clearing and settlement systems JEL Code(s): E, E4, E40, E6, E61