Topics: - The impact of machine learning and AI on economic growth, productivity and employment; - How machine learning and AI has or will influence inflation and price stability; - Implications for financial stability and systemic risk from AI and machine learning; - Empirical assessments of...

In order to assess the financial stability implications of these recent developments, it is important for academics and policy makers to improve their understanding of risks arising from the behaviour of non-bank financial institutions and the evolution of the supporting market infrastructure,...

The comprehensive set of reforms in Basel III is due to be finalised in 2016. Once the reforms are fully phased in, banks will be subject to multiple requirements (eg capital requirements, liquidity requirements and additional buffers that depend on an institution’s systemic importance). This...